Is South Rockdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, South Rockdale has remained a Seller's Market.
Housing Prices in South Rockdale, GA
How much do homes in South Rockdale, GA cost?
Median Sold Price
$321,500
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Rockdale was $321,500 in April 2024, down 1.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | - | N/A |
2 Bedrooms | $178.5K | $300K | +68.1% |
3 Bedrooms | $275K | $265K | -3.6% |
4 Bedrooms | $355K | $359K | +1.1% |
5+ Bedrooms | $436.8K | $527K | +20.6% |
Summary: South Rockdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
Covington-Porterdale | $299K | $300K | 0.3% |
South Rockdale | $324.9K | $321.5K | -1.1% |
Ellenwood | $306.1K | $300K | -2.0% |
Housing Supply in South Rockdale, GA
How many homes are available in South Rockdale, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
172 | 192 | +11.6% |
Summary: The South Rockdale real estate market had 192 homes for sale in April 2024, a 11.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 79 | 79 | 0.0% |
4 Bedrooms | 54 | 63 | +16.7% |
5+ Bedrooms | 38 | 49 | +28.9% |
Summary: The South Rockdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 28.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 45 | +40.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in South Rockdale in April 2024, up by 40.6% month-over-month. Of the 38 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for South Rockdale, GA
How long does it take to sell a home in South Rockdale, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 40 Days | -7.8% |
Summary: Homes in South Rockdale had an average of 40 days on market in Apr 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in South Rockdale; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.