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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Senoia is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Senoia, GA

How much do homes in Senoia, GA cost?

Median Sold Price

$568,900

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,852(+4.2%)

Key Takeaway

Homes in Senoia have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Senoia was $568,900 in November 2024, up 4.2% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $365K$387.5K
+6.2%
3 $340K$350K
+2.9%
4 $540.5K$580.3K
+7.4%
5+ $616.2K$645K
+4.7%

Summary: Senoia 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 increased by 6.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Senoia
+4.2%
Peachtree City-Tyrone
+3.2%
Peachtree City
+0.7%

Housing Supply in Senoia, GA

How many homes are available in Senoia, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1481480.0%

Summary: The Senoia real estate market had 148 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2528
+12.0%
4 7367
-8.2%
5+ 4448
+9.1%

Summary: The Senoia 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 16.7%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3419-44.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Senoia, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Senoia in November 2024, down by 44.1% month-over-month. Of the 19 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% were sold over asking.

Days on Market for Senoia, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days75 Days+195.7%

Summary: Homes in Senoia had an average of 75 days on market in Nov 2024, up by 195.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 19 homes were sold in Senoia; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% 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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