Is Dacula-Rocky Creek, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dacula-Rocky Creek has remained a Seller's Market.
Housing Prices in Dacula-Rocky Creek, GA
How much do homes in Dacula-Rocky Creek, GA cost?
Median Sold Price
$464,393
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dacula-Rocky Creek was $464,393 in May 2024, up 5.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $273.4K | $397.9K | +45.5% |
3 Bedrooms | $362.8K | $385K | +6.1% |
4 Bedrooms | $424.3K | $443.8K | +4.6% |
5+ Bedrooms | $574.8K | $575K | 0.0% |
Summary: Dacula-Rocky Creek 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 45.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Auburn | $338.6K | $399.9K | +18.1% |
Dacula-Rocky Creek | $441.8K | $464.3K | +5.1% |
Dacula | $430K | $451.4K | +5.0% |
Braselton | $450.7K | $464.5K | +3.1% |
Snellville-Grayson | $385K | $389.8K | +1.3% |
Housing Supply in Dacula-Rocky Creek, GA
How many homes are available in Dacula-Rocky Creek, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
830 | 929 | +11.9% |
Summary: The Dacula-Rocky Creek real estate market had 929 homes for sale in May 2024, a 11.9% 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 | 10 | 9 | -10.0% |
3 Bedrooms | 161 | 173 | +7.5% |
4 Bedrooms | 274 | 307 | +12.0% |
5+ Bedrooms | 385 | 440 | +14.3% |
Summary: The Dacula-Rocky Creek 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 decreased by 10%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
196 | 217 | +10.7% |
Asking Price vs. Sold Price
94 Homes Were Sold
Under Asking
52 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Summary: A total of 217 homes were sold or pending in Dacula-Rocky Creek in May 2024, up by 10.7% month-over-month. Of the 204 sold homes, 46% were sold under asking, 25% were sold at asking, and 28% were sold over asking.
Days on Market for Dacula-Rocky Creek, GA
How long does it take to sell a home in Dacula-Rocky Creek, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 38 Days | +14.1% |
Summary: Homes in Dacula-Rocky Creek had an average of 38 days on market in May 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
148 Homes Were Sold
Under 30 Days
47 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During May 2024, 217 homes were sold in Dacula-Rocky Creek; 68% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.