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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vinings is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Vinings, GA

How much do homes in Vinings, GA cost?

Median Sold Price

$529,320

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,320(+6.9%)

Key Takeaway

Homes in Vinings have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Vinings was $529,320 in October 2024, up 6.9% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $191.5K$200K
+4.4%
2 $315K$315K
0.0%
3 $463.9K$480K
+3.5%
4 $625K$671K
+7.4%
5+ $800K$858.2K
+7.3%

Summary: Vinings housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Cities

Mableton
+11.3%
Northeast Cobb
+8.4%
Smyrna
+7.4%
Vinings
+6.9%
Atlanta
+3.8%

Housing Supply in Vinings, GA

How many homes are available in Vinings, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
260314+20.8%

Summary: The Vinings real estate market had 314 homes for sale in October 2024, a 20.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 710
+42.9%
2 5563
+14.5%
3 85114
+34.1%
4 7479
+6.8%
5+ 3948
+23.1%

Summary: The Vinings housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5155+7.8%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vinings, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Vinings in October 2024, up by 7.8% month-over-month. Of the 55 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Vinings, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days46 Days+72.5%

Summary: Homes in Vinings had an average of 46 days on market in Oct 2024, up by 72.5% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 55 homes were sold in Vinings; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% 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 16 Days Ago

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