$3,206 Closing Credit*
$270,000
1,008 SqFt
3 Beds
•1 Full Bath
Lashea Smith, Listing Office: The Commission Luxury Group
Is Southeastern Atlanta, 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, Southeastern Atlanta was a Seller's Market.
Key Takeaway
Southeastern Atlanta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southeastern Atlanta, GA
How much do homes in Southeastern Atlanta, GA cost?
Median Sold Price
$279,950
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,050(-6.7%)
Key Takeaway
Homes in Southeastern Atlanta have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Southeastern Atlanta was $279,950 in November 2024, down 6.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $195K | +2.6% |
| 2 Bedrooms | $255K | $241.4K | -5.3% |
| 3 Bedrooms | $289.3K | $242.1K | -16.3% |
| 4 Bedrooms | $348.9K | $365.2K | +4.7% |
| 5+ Bedrooms | $362.8K | $374.8K | +3.3% |
Summary: Southeastern Atlanta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in Southeastern Atlanta, GA
How many homes are available in Southeastern Atlanta, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 298 | 320 | +7.4% |
Summary: The Southeastern Atlanta real estate market had 320 homes for sale in November 2024, a 7.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 27 | 27 | 0.0% |
| 3 Bedrooms | 160 | 178 | +11.3% |
| 4 Bedrooms | 83 | 86 | +3.6% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Southeastern Atlanta 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 remained the same, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 39 | -11.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeastern Atlanta, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Southeastern Atlanta in November 2024, down by 11.4% month-over-month. Of the 33 sold homes, 58% were sold under asking, 27% were sold at asking, and 15% were sold over asking.
Days on Market for Southeastern Atlanta, GA
How long does it take to sell a home in Southeastern Atlanta, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 57 Days | +85.2% |
Summary: Homes in Southeastern Atlanta had an average of 57 days on market in Nov 2024, up by 85.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southeastern Atlanta has remained consistent over time.
Summary: During November 2024, 39 homes were sold in Southeastern Atlanta; 33% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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