$7,719 Closing Credit*
$650,000
2,606 SqFt
4 Beds
•3 Full Baths
Scott Howard, Listing Office: HomeSmart
Is Smyrna, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Smyrna has remained a Seller's Market.
Key Takeaway
Smyrna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Smyrna, GA
How much do homes in Smyrna, GA cost?
Median Sold Price
$475,500
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,833(+7.4%)
Key Takeaway
Homes in Smyrna have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Smyrna was $475,500 in October 2024, up 7.4% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.5K | $200K | +1.3% |
| 2 Bedrooms | $275K | $282K | +2.5% |
| 3 Bedrooms | $415.1K | $431.3K | +3.9% |
| 4 Bedrooms | $547K | $630K | +15.2% |
| 5+ Bedrooms | $772K | $800K | +3.6% |
Summary: Smyrna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in Smyrna, GA
How many homes are available in Smyrna, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 541 | 602 | +11.3% |
Summary: The Smyrna real estate market had 602 homes for sale in October 2024, a 11.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 13 | +30.0% |
| 2 Bedrooms | 88 | 99 | +12.5% |
| 3 Bedrooms | 219 | 244 | +11.4% |
| 4 Bedrooms | 143 | 155 | +8.4% |
| 5+ Bedrooms | 81 | 91 | +12.3% |
Summary: The Smyrna housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 12.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 114 | 117 | +2.6% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Smyrna, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.
Summary: A total of 117 homes were sold or pending in Smyrna in October 2024, up by 2.6% month-over-month. Of the 113 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 38 Days | +74.8% |
Summary: Homes in Smyrna had an average of 38 days on market in Oct 2024, up by 74.8% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
15 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 October 2024, 117 homes were sold in Smyrna; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.