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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Park is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Adams Park, GA

How much do homes in Adams Park, GA cost?

Median Sold Price

$289,000

$135/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$41,000(-12.4%)

Key Takeaway

Homes in Adams Park have sold for 12.4% less than they did a month ago.

Summary: The median home sold price in Adams Park was $289,000 in March 2024, down 12.4% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $330K$289K
-12.4%
4 --
N/A
5+ --
N/A

Summary: Adams Park housing prices by bedroom type for March 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 decreased by 12.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Adams Park, GA

How many homes are available in Adams Park, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1112+9.1%

Summary: The Adams Park real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 35
+66.7%
5+ 11
0.0%

Summary: The Adams Park housing inventory by bedroom type for March 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 14.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Adams Park in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Adams Park, GA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
38 Days112 Days+194.7%

Summary: Homes in Adams Park had an average of 112 days on market in Mar 2024, up by 194.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Adams Park are taking a long time to sell, it's a good idea to negotiate on homes here.

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

Newest Listings in Adams Park, GA

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