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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Rockdale is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in North Rockdale, GA

How much do homes in North Rockdale, GA cost?

Median Sold Price

$350,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,100(+11.5%)

Key Takeaway

Homes in North Rockdale have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in North Rockdale was $350,000 in November 2024, up 11.5% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $188.5K$182K
-3.4%
3 $252K$260K
+3.2%
4 $376.8K$363.4K
-3.5%
5+ $408.8K$465K
+13.7%

Summary: North Rockdale 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 decreased by 3.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Cities

North Rockdale
+11.5%
Conyers
+2.5%
Covington-Porterdale
+1.8%
Snellville-Grayson
+1.4%

Housing Supply in North Rockdale, GA

How many homes are available in North Rockdale, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6771+6.0%

Summary: The North Rockdale real estate market had 71 homes for sale in November 2024, a 6.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2729
+7.4%
4 2224
+9.1%
5+ 1617
+6.3%

Summary: The North Rockdale 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 50%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Rockdale, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in North Rockdale in November 2024, up by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for North Rockdale, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days70 Days+52.8%

Summary: Homes in North Rockdale had an average of 70 days on market in Nov 2024, up by 52.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 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 Rockdale are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in North Rockdale; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

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