Is Roswell, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roswell is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Roswell has remained a Seller's Market.

Key Takeaway

Roswell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Roswell, GA

How much do homes in Roswell, GA cost?

Median Sold Price

$650,358

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,336(+7.3%)

Key Takeaway

Homes in Roswell have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Roswell was $650,358 in November 2024, up 7.3% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $217K$220.5K
+1.6%
2 $300K$336.9K
+12.3%
3 $506.3K$540K
+6.7%
4 $628K$664.5K
+5.8%
5+ $817.9K$900K
+10.0%

Summary: Roswell housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Cities

Roswell-Alpharetta
+10.3%
Alpharetta
+10.0%
Milton
+9.3%
Roswell
+7.3%

Housing Supply in Roswell, GA

How many homes are available in Roswell, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
552501-9.2%

Summary: The Roswell real estate market had 501 homes for sale in November 2024, a 9.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 75
-28.6%
2 5556
+1.8%
3 152120
-21.1%
4 186169
-9.1%
5+ 152151
-0.7%

Summary: The Roswell housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 0.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16091-43.1%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roswell, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.

Summary: A total of 91 homes were sold or pending in Roswell in November 2024, down by 43.1% month-over-month. Of the 89 sold homes, 49% were sold under asking, 15% were sold at asking, and 36% were sold over asking.

Days on Market for Roswell, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days36 Days+84.9%

Summary: Homes in Roswell had an average of 36 days on market in Nov 2024, up by 84.9% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 91 homes were sold in Roswell; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% 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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