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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacula is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Dacula, GA

How much do homes in Dacula, GA cost?

Median Sold Price

$451,464

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$21,464(+5.0%)

Key Takeaway

Homes in Dacula have sold for 5% more than they did a year ago.

Summary: The median home sold price in Dacula was $451,464 in May 2024, up 5% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $221.5K$245K
+10.6%
3 $349.9K$376.2K
+7.5%
4 $415K$430K
+3.6%
5+ $517K$550.7K
+6.5%

Summary: Dacula 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 10.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+5.1%
Dacula
+5.0%

Housing Supply in Dacula, GA

How many homes are available in Dacula, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
345367+6.4%

Summary: The Dacula real estate market had 367 homes for sale in May 2024, a 6.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 6666
0.0%
4 125138
+10.4%
5+ 154161
+4.5%

Summary: The Dacula 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
9385-8.6%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dacula, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 85 homes were sold or pending in Dacula in May 2024, down by 8.6% month-over-month. Of the 77 sold homes, 45% were sold under asking, 21% were sold at asking, and 34% were sold over asking.

Days on Market for Dacula, GA

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

Average Sale Time

May 2023May 2024CHANGE
36 Days38 Days+5.4%

Summary: Homes in Dacula had an average of 38 days on market in May 2024, up by 5.4% compared to last year.

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 85 homes were sold in Dacula; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 12% 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 1 Day Ago

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