$5,926 Closing Credit*
$499,000
2,620 SqFt
4 Beds
•3 Full Baths
Tyler Walton, Listing Office: Humphries & King Realty, LLC
Is Duluth, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Duluth has remained a Seller's Market.
Key Takeaway
Duluth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Duluth, GA
How much do homes in Duluth, GA cost?
Median Sold Price
$524,991
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,657(+14.0%)
Key Takeaway
Homes in Duluth have sold for 14% more than they did a year ago.
Summary: The median home sold price in Duluth was $524,991 in October 2024, up 14% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $302.5K | $243K | -19.7% |
| 2 Bedrooms | $279.9K | $295K | +5.4% |
| 3 Bedrooms | $375K | $401K | +6.9% |
| 4 Bedrooms | $520.6K | $535.5K | +2.9% |
| 5+ Bedrooms | $875K | $933K | +6.6% |
Summary: Duluth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Duluth | $460.3K | $524.9K | +14.0% |
| Suwanee-Duluth | $480.8K | $524.9K | +9.2% |
| Suwanee | $580K | $629.7K | +8.6% |
| Johns Creek | $655K | $692.4K | +5.7% |
| Berkeley Lake | $665K | $694.5K | +4.4% |
Housing Supply in Duluth, GA
How many homes are available in Duluth, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 455 | 461 | +1.3% |
Summary: The Duluth real estate market had 461 homes for sale in October 2024, a 1.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 31 | +34.8% |
| 3 Bedrooms | 157 | 157 | 0.0% |
| 4 Bedrooms | 128 | 118 | -7.8% |
| 5+ Bedrooms | 146 | 154 | +5.5% |
Summary: The Duluth 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 34.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 5.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 95 | -15.9% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Duluth, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 95 homes were sold or pending in Duluth in October 2024, down by 15.9% month-over-month. Of the 92 sold homes, 65% were sold under asking, 25% were sold at asking, and 10% were sold over asking.
Days on Market for Duluth, GA
How long does it take to sell a home in Duluth, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 41 Days | +148.9% |
Summary: Homes in Duluth had an average of 41 days on market in Oct 2024, up by 148.9% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Duluth are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 95 homes were sold in Duluth; 47% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.