Is Acworth, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Acworth has remained a Seller's Market.
Key Takeaway
Acworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Acworth, GA
How much do homes in Acworth, GA cost?
Median Sold Price
$404,784
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Acworth have sold for 5% more than they did a year ago.
Summary: The median home sold price in Acworth was $404,784 in March 2024, up 5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $130K | N/A |
| 2 Bedrooms | $287.5K | $295K | +2.6% |
| 3 Bedrooms | $338K | $360K | +6.5% |
| 4 Bedrooms | $419.9K | $430K | +2.4% |
| 5+ Bedrooms | $535K | $566.2K | +5.8% |
Summary: Acworth housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Kennesaw | $380K | $400.1K | +5.3% |
| Acworth | $385.4K | $404.7K | +5.0% |
| Acworth-Kennesaw | $417.1K | $434.3K | +4.1% |
Housing Supply in Acworth, GA
How many homes are available in Acworth, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 462 | 518 | +12.1% |
Summary: The Acworth real estate market had 518 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 25 | 36 | +44.0% |
| 3 Bedrooms | 173 | 187 | +8.1% |
| 4 Bedrooms | 146 | 163 | +11.6% |
| 5+ Bedrooms | 118 | 131 | +11.0% |
Summary: The Acworth housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 11%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 132 | 111 | -15.9% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acworth, you may be able to get a good deal. 40.2% of homes here sold below asking price last month.
Summary: A total of 111 homes were sold or pending in Acworth in March 2024, down by 15.9% month-over-month. Of the 107 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.
Days on Market for Acworth, GA
How long does it take to sell a home in Acworth, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 29 Days | -31.6% |
Summary: Homes in Acworth had an average of 29 days on market in Mar 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
80 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Acworth are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 111 homes were sold in Acworth; 72% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% 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.