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 neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, North Rockdale has remained a Neutral Market.

Key Takeaway

North Rockdale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in North Rockdale, GA

How much do homes in North Rockdale, GA cost?

Median Sold Price

$359,300

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,400(+14.5%)

Key Takeaway

Homes in North Rockdale have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in North Rockdale was $359,300 in October 2024, up 14.5% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $158.5K$226.9K
+43.2%
3 $251K$260K
+3.6%
4 $375.1K$364.2K
-2.9%
5+ $420K$446.4K
+6.3%

Summary: North Rockdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Cities

North Rockdale
+14.5%
Conyers
+2.5%
Covington-Porterdale
+2.0%
Snellville-Grayson
+1.3%

Housing Supply in North Rockdale, GA

How many homes are available in North Rockdale, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5965+10.2%

Summary: The North Rockdale real estate market had 65 homes for sale in October 2024, a 10.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 2624
-7.7%
4 1725
+47.1%
5+ 1315
+15.4%

Summary: The North Rockdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 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 Rockdale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in North Rockdale in October 2024, down by 15.4% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
32 Days41 Days+27.5%

Summary: Homes in North Rockdale had an average of 41 days on market in Oct 2024, up by 27.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 11 homes were sold in North Rockdale; 64% of homes were sold within 30 days, 18% 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 16 Days Ago

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