$10,000 Closing Credit*
$1,649,000
4,150 SqFt
4 Beds
•4 Full Baths, 1 Partial
Elizabeth Muetzelfeld, Listing Office: Peach State Realty
Is Flowery Branch, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Flowery Branch has remained a Seller's Market.
Key Takeaway
Flowery Branch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Flowery Branch, GA
How much do homes in Flowery Branch, GA cost?
Median Sold Price
$434,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,500(+1.0%)
Key Takeaway
Homes in Flowery Branch have sold for 1% more than they did a year ago.
Summary: The median home sold price in Flowery Branch was $434,500 in November 2024, up 1% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $215K | -17.3% |
| 2 Bedrooms | $310K | $365K | +17.7% |
| 3 Bedrooms | $375K | $383K | +2.1% |
| 4 Bedrooms | $468.3K | $455K | -2.9% |
| 5+ Bedrooms | $645K | $614K | -4.8% |
Summary: Flowery Branch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Oakwood | $314.9K | $333K | +5.7% |
| Flowery Branch | $430K | $434.5K | +1.0% |
Housing Supply in Flowery Branch, GA
How many homes are available in Flowery Branch, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 279 | 306 | +9.7% |
Summary: The Flowery Branch real estate market had 306 homes for sale in November 2024, a 9.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 86 | 97 | +12.8% |
| 4 Bedrooms | 109 | 115 | +5.5% |
| 5+ Bedrooms | 66 | 77 | +16.7% |
Summary: The Flowery Branch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 70 | +70.7% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flowery Branch, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 70 homes were sold or pending in Flowery Branch in November 2024, up by 70.7% month-over-month. Of the 69 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for Flowery Branch, GA
How long does it take to sell a home in Flowery Branch, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 50 Days | +112.9% |
Summary: Homes in Flowery Branch had an average of 50 days on market in Nov 2024, up by 112.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Flowery Branch has remained consistent over time.
Summary: During November 2024, 70 homes were sold in Flowery Branch; 40% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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