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 October 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

$594,583

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,466(+4.5%)

Key Takeaway

Homes in Peachtree City-Tyrone have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Peachtree City-Tyrone was $594,583 in October 2024, up 4.5% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$195.7K
N/A
2 $410K$375K
-8.5%
3 $431.6K$460K
+6.6%
4 $574.3K$623.7K
+8.6%
5+ $700K$798K
+14.0%

Summary: Peachtree City-Tyrone 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 decreased by 8.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Cities

Tyrone
+6.7%
Peachtree City
+5.4%
Fayetteville
+5.3%
Peachtree City-Tyrone
+4.5%
Senoia
+3.9%

Housing Supply in Peachtree City-Tyrone, GA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
338361+6.8%

Summary: The Peachtree City-Tyrone real estate market had 361 homes for sale in October 2024, a 6.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 3634
-5.6%
3 98100
+2.0%
4 109127
+16.5%
5+ 94100
+6.4%

Summary: The Peachtree City-Tyrone 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 5.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 6.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7077+10.0%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

10 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. 64.3% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in Peachtree City-Tyrone in October 2024, up by 10.0% month-over-month. Of the 70 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
19 Days37 Days+90.1%

Summary: Homes in Peachtree City-Tyrone had an average of 37 days on market in Oct 2024, up by 90.1% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

7 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 October 2024, 77 homes were sold in Peachtree City-Tyrone; 52% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 9% 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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