Is Acworth-Kennesaw, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
Key Takeaway
Homes in Acworth-Kennesaw have sold for 19.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201.8K | $246K | +21.9% |
| 3 Bedrooms | $255K | $320.6K | +25.7% |
| 4 Bedrooms | $334.6K | $405K | +21.0% |
| 5+ Bedrooms | $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 2022 | May 2022 | % |
|---|---|---|
| 877 | 973 | +10.9% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 40 | 42 | +5.0% |
| 3 Bedrooms | 257 | 295 | +14.8% |
| 4 Bedrooms | 331 | 349 | +5.4% |
| 5+ Bedrooms | 247 | 285 | +15.4% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 309 | 316 | +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
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 2021 | May 2022 | % |
|---|---|---|
| 10 Days | 14 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
Key Takeaway
Many homes in Acworth-Kennesaw are selling fast, if you're buying plan to act quickly.
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