Is Fairburn-Union City, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairburn-Union City is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Fairburn-Union City was a Seller's Market.

Key Takeaway

Fairburn-Union City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fairburn-Union City, GA

How much do homes in Fairburn-Union City, GA cost?

Median Sold Price

$279,900

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,010(-1.8%)

Key Takeaway

Homes in Fairburn-Union City have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Fairburn-Union City was $279,900 in November 2024, down 1.8% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $84K$236K
+181.0%
2 $204.9K$210K
+2.5%
3 $265K$254.9K
-3.8%
4 $324K$314.4K
-3.0%
5+ $386K$375K
-2.8%

Summary: Fairburn-Union City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 181%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Union City
+1.3%
Fairburn
-0.7%
Fairburn-Union City
-1.8%
College Park
-9.9%

Housing Supply in Fairburn-Union City, GA

How many homes are available in Fairburn-Union City, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
755745-1.3%

Summary: The Fairburn-Union City real estate market had 745 homes for sale in November 2024, a 1.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 79
+28.6%
2 3339
+18.2%
3 355345
-2.8%
4 267258
-3.4%
5+ 9394
+1.1%

Summary: The Fairburn-Union City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 1.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
140101-27.9%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairburn-Union City, you may be able to get a good deal. 49.5% of homes here sold below asking price last month.

Summary: A total of 101 homes were sold or pending in Fairburn-Union City in November 2024, down by 27.9% month-over-month. Of the 93 sold homes, 49% were sold under asking, 29% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
29 Days47 Days+64.6%

Summary: Homes in Fairburn-Union City had an average of 47 days on market in Nov 2024, up by 64.6% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

49 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fairburn-Union City has remained consistent over time.

Summary: During November 2024, 101 homes were sold in Fairburn-Union City; 36% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 16% 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 22 Days Ago

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Newest Listings in Fairburn-Union City, GA

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MLS Disclaimers and Copyright

Based on information from Georgia MLS, First Multiple Listing Service Inc., and Columbus Board of REALTORS MLS for the period 12/01/2022 - 12/01/2024

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 3:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX 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. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of The Columbus Board of Realtors. Detailed information on Real estate listings held by firms other than this broker includes the Listing Brokers Firm Name. The information being provided is 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. All information provided is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 3:16:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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