Is Adair Park, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adair Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Adair Park was a Seller's Market.

Key Takeaway

Adair Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Adair Park, GA

How much do homes in Adair Park, GA cost?

Median Sold Price

$550,000

$305/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$150,000(+37.5%)

Key Takeaway

Homes in Adair Park have sold for 37.5% more than they did a month ago.

Summary: The median home sold price in Adair Park was $550,000 in April 2024, up 37.5% from last month, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K-
N/A
4 -$550K
N/A
5+ --
N/A

Summary: Adair Park housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Adair Park
+37.5%
Atlanta University Center
-23.1%

Housing Supply in Adair Park, GA

How many homes are available in Adair Park, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1113+18.2%

Summary: The Adair Park real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 98
-11.1%
4 13
+200.0%
5+ 01
+100.0%

Summary: The Adair Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adair Park, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Adair Park in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Adair Park, GA

How long does it take to sell a home in Adair Park, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
28 Days8 Days-71.7%

Summary: Homes in Adair Park had an average of 8 days on market in Apr 2024, down by 71.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Adair Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Adair Park, GA

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