Is Douglasville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglasville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Douglasville has remained a Seller's Market.

Key Takeaway

Douglasville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Douglasville, GA

How much do homes in Douglasville, GA cost?

Median Sold Price

$329,960

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,652(+4.3%)

Key Takeaway

Homes in Douglasville have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Douglasville was $329,960 in October 2024, up 4.3% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $165K$175K
+6.1%
3 $270K$279.9K
+3.7%
4 $342.4K$356.6K
+4.2%
5+ $467K$470K
+0.6%

Summary: Douglasville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Douglasville-Lithia Springs
+7.2%
Lithia Springs
+6.4%
Douglasville
+4.3%
Bill Arp
+1.8%
Winston
-2.6%

Housing Supply in Douglasville, GA

How many homes are available in Douglasville, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
753819+8.8%

Summary: The Douglasville real estate market had 819 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2023
+15.0%
3 313330
+5.4%
4 266298
+12.0%
5+ 153167
+9.2%

Summary: The Douglasville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 9.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
151148-2.0%

Asking Price vs. Sold Price

72 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglasville, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.

Summary: A total of 148 homes were sold or pending in Douglasville in October 2024, down by 2.0% month-over-month. Of the 134 sold homes, 54% were sold under asking, 24% were sold at asking, and 22% were sold over asking.

Days on Market for Douglasville, GA

How long does it take to sell a home in Douglasville, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days50 Days+53.5%

Summary: Homes in Douglasville had an average of 50 days on market in Oct 2024, up by 53.5% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

67 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Douglasville has remained consistent over time.

Summary: During October 2024, 148 homes were sold in Douglasville; 40% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Douglasville, GA

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