Is Acworth, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acworth is a seller's market

Buyer's
Market

Difference Since May 2021

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.

How much do homes in Acworth, GA cost?

Median Sold Price

$332,763

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$78,763(+31.0%)

Key Takeaway

Homes in Acworth have sold for 31% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $204K$246K
+20.6%
3 $235K$315K
+34.0%
4 $280K$370K
+32.1%
5+ $325K$409K
+25.8%

Median Sold Price Compared To Nearby Cities

Acworth
+31.0%
Kennesaw
+21.6%
Acworth-Kennesaw
+19.4%

How many homes are available in Acworth, GA?

Number of Homes For Sale

Apr 2022May 2022%
7994+19.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 1112
+9.1%
3 3543
+22.9%
4 3132
+3.2%
5+ 27
+250.0%

Number of Homes Sold

Apr 2022May 2022%
2937+27.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acworth, you could pay more than the asking price. 74.3% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
4 Days13 Days+180.2%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Acworth are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Acworth, GA

Acworth, GA has 94 homes for sale to choose from. The inventory of homes for sale in Acworth, GA between April 2022 and May 2022 increased by 19%. The median list price of listings available in May 2022 was $332,763, while the average time on the real estate market was 13 days. Listing prices have changed in this real estate market between April 2022 and May 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 20.6%, prices of 3 bedrooms properties increased by 34%, 4 bedrooms properties prices increased by 32.1%, 5 bedrooms properties became 25.8% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 9.1%, the quantity of 3 bedrooms homes went up by 22.9%, number of 4 bedrooms homes increased by 3.2%, number of 5 bedrooms homes increased by 250%. Over 26 listings were sold over their listed price in May 2022 in Acworth, GA. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price.

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