Is Peachtree City-Tyrone, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree City-Tyrone is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Peachtree City-Tyrone has remained a Seller's Market.

Key Takeaway

Peachtree City-Tyrone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Peachtree City-Tyrone, GA

How much do homes in Peachtree City-Tyrone, GA cost?

Median Sold Price

$593,666

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,666(+3.2%)

Key Takeaway

Homes in Peachtree City-Tyrone have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Peachtree City-Tyrone was $593,666 in November 2024, up 3.2% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$195.7K
N/A
2 $410K$367.7K
-10.3%
3 $438.5K$465.2K
+6.1%
4 $575K$623.7K
+8.5%
5+ $710K$779.9K
+9.8%

Summary: Peachtree City-Tyrone 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 10.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Tyrone
+11.0%
Fayetteville
+5.3%
Senoia
+4.2%
Peachtree City-Tyrone
+3.2%
Peachtree City
+0.7%

Housing Supply in Peachtree City-Tyrone, GA

How many homes are available in Peachtree City-Tyrone, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
321301-6.2%

Summary: The Peachtree City-Tyrone real estate market had 301 homes for sale in November 2024, a 6.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3126
-16.1%
3 8688
+2.3%
4 116107
-7.8%
5+ 8880
-9.1%

Summary: The Peachtree City-Tyrone 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 16.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7763-18.2%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree City-Tyrone, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Peachtree City-Tyrone in November 2024, down by 18.2% month-over-month. Of the 59 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% were sold over asking.

Days on Market for Peachtree City-Tyrone, GA

How long does it take to sell a home in Peachtree City-Tyrone, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days41 Days+58.5%

Summary: Homes in Peachtree City-Tyrone had an average of 41 days on market in Nov 2024, up by 58.5% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Peachtree City-Tyrone are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 63 homes were sold in Peachtree City-Tyrone; 52% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 8% 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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