$4,155 Closing Credit*
$349,900
2,619 SqFt
4 Beds
•2 Full Baths, 1 Partial
Diane Drennen, Listing Office: Team Realty
Is Fairburn-Union City, 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, Fairburn-Union City has remained a Seller's Market.
Key Takeaway
Fairburn-Union City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairburn-Union City, GA
How much do homes in Fairburn-Union City, GA cost?
Median Sold Price
$280,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,730(-1.7%)
Key Takeaway
Homes in Fairburn-Union City have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Fairburn-Union City was $280,000 in October 2024, down 1.7% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84K | $236K | +181.0% |
| 2 Bedrooms | $207.5K | $207K | -0.2% |
| 3 Bedrooms | $264.9K | $255K | -3.8% |
| 4 Bedrooms | $321K | $315K | -1.9% |
| 5+ Bedrooms | $387.4K | $375K | -3.2% |
Summary: Fairburn-Union City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 181%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Union City | $265.4K | $271.9K | +2.5% |
| Fairburn | $347.4K | $349.8K | +0.7% |
| Fairburn-Union City | $284.7K | $280K | -1.7% |
| College Park | $376.4K | $345K | -8.4% |
Housing Supply in Fairburn-Union City, GA
How many homes are available in Fairburn-Union City, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 740 | 841 | +13.6% |
Summary: The Fairburn-Union City real estate market had 841 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 29 | 32 | +10.3% |
| 3 Bedrooms | 362 | 397 | +9.7% |
| 4 Bedrooms | 247 | 294 | +19.0% |
| 5+ Bedrooms | 95 | 108 | +13.7% |
Summary: The Fairburn-Union City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 13.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 94 | 144 | +53.2% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairburn-Union City, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.
Summary: A total of 144 homes were sold or pending in Fairburn-Union City in October 2024, up by 53.2% month-over-month. Of the 130 sold homes, 48% were sold under asking, 27% were sold at asking, and 25% were sold over asking.
Days on Market for Fairburn-Union City, GA
How long does it take to sell a home in Fairburn-Union City, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 57 Days | +100.9% |
Summary: Homes in Fairburn-Union City had an average of 57 days on market in Oct 2024, up by 100.9% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairburn-Union City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 144 homes were sold in Fairburn-Union City; 44% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 19% 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.