Is Auburn, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Auburn was a Seller's Market.
Key Takeaway
Auburn 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 Auburn, GA
How much do homes in Auburn, GA cost?
Median Sold Price
$399,900
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Auburn have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Auburn was $399,900 in May 2024, up 18.1% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $232K | +7.9% |
| 3 Bedrooms | $315K | $325K | +3.2% |
| 4 Bedrooms | $429.9K | $428K | -0.5% |
| 5+ Bedrooms | $514.7K | $555.4K | +7.9% |
Summary: Auburn housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Cities
| Auburn | $338.6K | $399.9K | +18.1% |
| Dacula-Rocky Creek | $441.8K | $464.3K | +5.1% |
Housing Supply in Auburn, GA
How many homes are available in Auburn, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 130 | 150 | +15.4% |
Summary: The Auburn real estate market had 150 homes for sale in May 2024, a 15.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 42 | 51 | +21.4% |
| 4 Bedrooms | 37 | 52 | +40.5% |
| 5+ Bedrooms | 50 | 45 | -10.0% |
Summary: The Auburn housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 40.5%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Auburn, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in Auburn in May 2024, the same as the previous month. Of the 23 sold homes, 30% were sold under asking, 48% were sold at asking, and 22% were sold over asking.
Days on Market for Auburn, GA
How long does it take to sell a home in Auburn, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 23 Days | -34.8% |
Summary: Homes in Auburn had an average of 23 days on market in May 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Auburn are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in Auburn; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.