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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acworth-Kennesaw is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Acworth-Kennesaw has remained a Seller's Market.

Key Takeaway

Acworth-Kennesaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Acworth-Kennesaw, GA cost?

Median Sold Price

$385,020

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$62,503(+19.4%)

Key Takeaway

Homes in Acworth-Kennesaw have sold for 19.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $201.8K$246K
+21.9%
3 $255K$320.6K
+25.7%
4 $334.6K$405K
+21.0%
5+ $474.1K$558.7K
+17.8%

Median Sold Price Compared To Nearby Cities

Acworth
+31.0%
North Paulding
+26.0%
Kennesaw
+21.6%
Acworth-Kennesaw
+19.4%
Marietta
+14.8%

How many homes are available in Acworth-Kennesaw, GA?

Number of Homes For Sale

Apr 2022May 2022%
877973+10.9%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 22
0.0%
2 4042
+5.0%
3 257295
+14.8%
4 331349
+5.4%
5+ 247285
+15.4%

Number of Homes Sold

Apr 2022May 2022%
309316+2.3%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

215 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acworth-Kennesaw, you could pay more than the asking price. 72.1% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
10 Days14 Days+30.5%

Breakdown of Home Sale Times

285 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Acworth-Kennesaw 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-Kennesaw, GA

Acworth-Kennesaw, GA has 973 homes on the market. The number of homes for sale in Acworth-Kennesaw, GA increased by 10.9% between April 2022 and May 2022. In May 2022 median list price was $385,020 and the average listing age was 14 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 became 21.9% more expensive, the cost of 3 bedrooms properties went up by 25.7%, the cost of 4 bedrooms properties went up by 21%, 5 bedrooms properties became 17.8% 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 5%, 3 bedrooms homes inventory increased by 14.8%, 4 bedrooms homes became 5.4% more available, the quantity of 5 bedrooms homes went up by 15.4%. In May 2022, from all listings sold in Acworth-Kennesaw, GA there were more than 215 sold above asking price, over 56 sold below and more than 27 were sold right at the asked price.

Related Housing Market Reports