Is Druid Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Druid Hills is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Druid Hills was a Buyer's Market.

Key Takeaway

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

Housing Prices in Druid Hills, GA

How much do homes in Druid Hills, GA cost?

Median Sold Price

$619,000

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$61,500(+11.0%)

Key Takeaway

Homes in Druid Hills have sold for 11% more than they did a year ago.

Summary: The median home sold price in Druid Hills was $619,000 in November 2024, up 11% from last year, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245.9K-
N/A
2 $365K$369.9K
+1.3%
3 $592K$632K
+6.8%
4 $875K$1.2M
+42.9%
5+ -$2.7M
N/A

Summary: Druid Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes did not change.

Housing Supply in Druid Hills, GA

How many homes are available in Druid Hills, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2219-13.6%

Summary: The Druid Hills real estate market had 19 homes for sale in November 2024, a 13.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 21
-50.0%
3 1714
-17.6%
4 22
0.0%
5+ 10
-100.0%

Summary: The Druid Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Druid Hills, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Druid Hills in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Druid Hills, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days54 Days+290.0%

Summary: Homes in Druid Hills had an average of 54 days on market in Nov 2024, up by 290% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Druid Hills has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Druid Hills; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

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