Is North Rockdale, 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, North Rockdale has remained a Seller's Market.
Key Takeaway
North Rockdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Rockdale, GA
How much do homes in North Rockdale, GA cost?
Median Sold Price
$361,930
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Rockdale have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in North Rockdale was $361,930 in May 2024, up 0.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $158.5K | $228.4K | +44.1% |
| 3 Bedrooms | $255K | $260.5K | +2.2% |
| 4 Bedrooms | $384K | $368.7K | -4.0% |
| 5+ Bedrooms | $427.3K | $420K | -1.7% |
Summary: North Rockdale 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 44.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Conyers | $299.9K | $312.6K | +4.2% |
| Covington-Porterdale | $298.8K | $303K | +1.4% |
| Snellville-Grayson | $385K | $389.8K | +1.3% |
| North Rockdale | $359.9K | $361.9K | 0.5% |
Housing Supply in North Rockdale, GA
How many homes are available in North Rockdale, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 72 | 75 | +4.2% |
Summary: The North Rockdale real estate market had 75 homes for sale in May 2024, a 4.2% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 23 | 25 | +8.7% |
| 5+ Bedrooms | 22 | 18 | -18.2% |
Summary: The North Rockdale 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Rockdale, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in North Rockdale in May 2024, up by 10.5% month-over-month. Of the 20 sold homes, 40% were sold under asking, 45% were sold at asking, and 15% were sold over asking.
Days on Market for North Rockdale, GA
How long does it take to sell a home in North Rockdale, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 37 Days | 32 Days | -14.3% |
Summary: Homes in North Rockdale had an average of 32 days on market in May 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Rockdale are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 21 homes were sold in North Rockdale; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% 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.