Is Conley, 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, Conley was a Buyer's Market.
Housing Prices in Conley, GA
How much do homes in Conley, GA cost?
Median Sold Price
$230,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Conley was $230,000 in May 2024, down 11.5% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $69.2K | $74K | +6.9% |
3 Bedrooms | $208.2K | $210K | +0.8% |
4 Bedrooms | $306.2K | $274.5K | -10.4% |
5+ Bedrooms | $412.5K | $377.1K | -8.6% |
Summary: Conley 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 6.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
Forest Park | $190K | $198.9K | +4.7% |
Atlanta-Decatur | $350K | $349.9K | 0% |
Forest Park-Morrow | $232.6K | $230K | -1.1% |
Ellenwood | $306.1K | $300K | -2.0% |
Conley | $259.9K | $230K | -11.5% |
Housing Supply in Conley, GA
How many homes are available in Conley, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 50 | +6.4% |
Summary: The Conley real estate market had 50 homes for sale in May 2024, a 6.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 25 | 26 | +4.0% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Conley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Conley in May 2024, the same as the previous month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for Conley, GA
How long does it take to sell a home in Conley, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 44 Days | -10.7% |
Summary: Homes in Conley had an average of 44 days on market in May 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Conley; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.