$3,206 Closing Credit*
$270,000
1,549 SqFt
2 Beds
•2 Full Baths, 1 Partial
Samone Hagins, Listing Office: Realty One Group Edge
Is Smyrna, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Smyrna was a Seller's Market.
Key Takeaway
Smyrna 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 Smyrna, GA
How much do homes in Smyrna, GA cost?
Median Sold Price
$479,737
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,391(+8.9%)
Key Takeaway
Homes in Smyrna have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Smyrna was $479,737 in November 2024, up 8.9% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $194.5K | $209K | +7.5% |
| 2 Bedrooms | $275.1K | $282K | +2.5% |
| 3 Bedrooms | $417.5K | $430K | +3.0% |
| 4 Bedrooms | $547.4K | $630K | +15.1% |
| 5+ Bedrooms | $785.4K | $780K | -0.7% |
Summary: Smyrna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Smyrna, GA
How many homes are available in Smyrna, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 543 | 533 | -1.8% |
Summary: The Smyrna real estate market had 533 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 10 | -16.7% |
| 2 Bedrooms | 85 | 92 | +8.2% |
| 3 Bedrooms | 222 | 207 | -6.8% |
| 4 Bedrooms | 143 | 143 | 0.0% |
| 5+ Bedrooms | 81 | 81 | 0.0% |
Summary: The Smyrna housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 83 | -33.1% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Smyrna, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in Smyrna in November 2024, down by 33.1% month-over-month. Of the 80 sold homes, 51% were sold under asking, 25% were sold at asking, and 24% were sold over asking.
Days on Market for Smyrna, GA
How long does it take to sell a home in Smyrna, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 32 Days | +38.9% |
Summary: Homes in Smyrna had an average of 32 days on market in Nov 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Smyrna are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 83 homes were sold in Smyrna; 55% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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