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 October 2023

Since last year, Druid Hills has remained a Seller'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

$645,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,000(+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 $645,000 in October 2024, up 11% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $245.9K$259.9K
+5.7%
2 $365K$369.9K
+1.3%
3 $592K$665K
+12.3%
4 $875K$1.2M
+42.9%
5+ -$2.7M
N/A

Summary: Druid Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 12.3%, 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

Sep 2024Oct 2024CHANGE
1623+43.8%

Summary: The Druid Hills real estate market had 23 homes for sale in October 2024, a 43.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1118
+63.6%
4 22
0.0%
5+ 11
0.0%

Summary: The Druid Hills 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 remained the same, 3 bedroom homes increased by 63.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Druid Hills in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Oct 2023Oct 2024CHANGE
25 Days26 Days+2.6%

Summary: Homes in Druid Hills had an average of 26 days on market in Oct 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Druid Hills are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Druid Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 Druid Hills, GA

Nearby Markets to Druid Hills, GA