Is Acworth, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
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
How much do homes in Acworth, GA cost?
Median Sold Price
$398,140
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Acworth have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Acworth was $398,140 in August 2023, up 13.7% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $272.9K | $287.5K | +5.3% |
| 3 Bedrooms | $330K | $350K | +6.1% |
| 4 Bedrooms | $385K | $424.1K | +10.2% |
| 5+ Bedrooms | $420.5K | $550K | +30.8% |
Summary: Acworth housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 30.8%.
Median Sold Price Compared To Nearby Cities
| Kennesaw | $329.5K | $390K | +18.4% |
| Acworth | $350K | $398.1K | +13.7% |
| Acworth-Kennesaw | $402.8K | $415K | +3.0% |
Housing Supply
How many homes are available in Acworth, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 564 | 574 | +1.8% |
Summary: The Acworth real estate market had 574 homes for sale in August 2023, a 1.8% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 38 | 40 | +5.3% |
| 3 Bedrooms | 192 | 206 | +7.3% |
| 4 Bedrooms | 175 | 174 | -0.6% |
| 5+ Bedrooms | 156 | 153 | -1.9% |
Summary: The Acworth housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 1.9%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 163 | 173 | +6.1% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
60 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acworth, you may be able to get a good deal. 36.1% of homes here sold below asking price last month.
Summary: A total of 173 homes were sold or pending in Acworth in August 2023, up by 6.1% month-over-month. Of the 166 sold homes, 36% were sold under asking, 28% were sold at asking, and 36% were sold over asking.
Days on Market
How long does it take to sell a home in Acworth, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 13 Days | 23 Days | +76.2% |
Summary: Homes in Acworth had an average of 23 days on market in Aug 2023, up by 76.2% compared to last year.
Breakdown of Home Sale Times
132 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
10 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 August 2023, 173 homes were sold in Acworth; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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