Is Kirkwood, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kirkwood is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Kirkwood was a Seller's Market.

Key Takeaway

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

Housing Prices in Kirkwood, GA

How much do homes in Kirkwood, GA cost?

Median Sold Price

$649,900

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,900(+18.4%)

Key Takeaway

Homes in Kirkwood have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in Kirkwood was $649,900 in October 2024, up 18.4% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $325K$210K
-35.4%
2 $415K$421.5K
+1.6%
3 $560K$639.5K
+14.2%
4 $865K$845K
-2.3%
5+ $1.0M$1.1M
+2.3%

Summary: Kirkwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 2.3%.

Housing Supply in Kirkwood, GA

How many homes are available in Kirkwood, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7182+15.5%

Summary: The Kirkwood real estate market had 82 homes for sale in October 2024, a 15.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 1512
-20.0%
3 3239
+21.9%
4 1119
+72.7%
5+ 1112
+9.1%

Summary: The Kirkwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kirkwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Kirkwood in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Kirkwood, GA

How long does it take to sell a home in Kirkwood, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days23 Days+100.0%

Summary: Homes in Kirkwood had an average of 23 days on market in Oct 2024, up by 100% compared to last year.

Breakdown of Home Sale Times

7 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 Kirkwood are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Kirkwood; 70% of homes were sold within 30 days, 30% 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

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