Is North Buckhead, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Buckhead is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in North Buckhead, GA

How much do homes in North Buckhead, GA cost?

Median Sold Price

$660,000

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$175,500(+36.2%)

Key Takeaway

Homes in North Buckhead have sold for 36.2% more than they did a year ago.

Summary: The median home sold price in North Buckhead was $660,000 in November 2024, up 36.2% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $300K$300K
0.0%
2 $471.2K$491.5K
+4.3%
3 $683K$667.5K
-2.3%
4 $1.0M$1.0M
+6.6%
5+ $1.7M$1.7M
+1.1%

Summary: North Buckhead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 1.1%.

Housing Supply in North Buckhead, GA

How many homes are available in North Buckhead, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
174169-2.9%

Summary: The North Buckhead real estate market had 169 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3437
+8.8%
2 6363
0.0%
3 3027
-10.0%
4 2417
-29.2%
5+ 2325
+8.7%

Summary: The North Buckhead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.8%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3017-43.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Buckhead, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in North Buckhead in November 2024, down by 43.3% month-over-month. Of the 17 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.

Days on Market for North Buckhead, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days53 Days+24.3%

Summary: Homes in North Buckhead had an average of 53 days on market in Nov 2024, up by 24.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Buckhead are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in North Buckhead; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% 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 2 Days Ago

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