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

Housing Market Conditions



Gauge showing Acworth-Kennesaw is a seller's market


Difference Since August 2022

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.

Housing Prices

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

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Acworth-Kennesaw have sold for 3% more than they did a year ago.

Summary: The median home sold price in Acworth-Kennesaw was $415,085 in August 2023, up 3% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $68K$162.5K
2 $265K$285K
3 $338.6K$350K
4 $424.7K$440K
5+ $597.7K$617.1K

Summary: Acworth-Kennesaw housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 139%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Cities

North Paulding

Housing Supply

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

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Acworth-Kennesaw real estate market had 911 homes for sale in August 2023, a 0.7% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 32
2 4745
3 300315
4 305291
5+ 262258

Summary: The Acworth-Kennesaw housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 1.5%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

111 Homes Were Sold
Under Asking

76 Homes Were Sold
At Asking

98 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acworth-Kennesaw, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 297 homes were sold or pending in Acworth-Kennesaw in August 2023, up by 6.5% month-over-month. Of the 285 sold homes, 39% were sold under asking, 27% were sold at asking, and 34% were sold over asking.

Days on Market

How long does it take to sell a home in Acworth-Kennesaw, GA?

Average Sale Time

Aug 2022Aug 2023CHANGE
16 Days25 Days+55.1%

Summary: Homes in Acworth-Kennesaw had an average of 25 days on market in Aug 2023, up by 55.1% compared to last year.

Breakdown of Home Sale Times

232 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

21 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.

Summary: During August 2023, 297 homes were sold in Acworth-Kennesaw; 78% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

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

Report Updated 27 Days Ago

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Nearby Markets

What housing markets are near Acworth-Kennesaw, GA?