Is Athens, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Athens has remained a Seller's Market.
Housing Prices in Athens, GA
How much do homes in Athens, GA cost?
Median Sold Price
$338,970
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Athens was $338,970 in February 2024, up 6.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $264K | $242.5K | -8.1% |
2 Bedrooms | $230K | $231K | 0.4% |
3 Bedrooms | $301.4K | $316.9K | +5.1% |
4 Bedrooms | $375K | $396.7K | +5.8% |
5+ Bedrooms | $525K | $566K | +7.8% |
Summary: Athens housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Bogart | $334.2K | $374.9K | +12.2% |
Winterville | $311.3K | $334.6K | +7.5% |
Athens | $319.1K | $338.9K | +6.2% |
Housing Supply in Athens, GA
How many homes are available in Athens, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
533 | 598 | +12.2% |
Summary: The Athens real estate market had 598 homes for sale in February 2024, a 12.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 13 | +44.4% |
2 Bedrooms | 92 | 105 | +14.1% |
3 Bedrooms | 204 | 218 | +6.9% |
4 Bedrooms | 181 | 196 | +8.3% |
5+ Bedrooms | 47 | 66 | +40.4% |
Summary: The Athens housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 40.4%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
97 | 140 | +44.3% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 140 homes were sold or pending in Athens in February 2024, up by 44.3% month-over-month. Of the 130 sold homes, 58% were sold under asking, 25% were sold at asking, and 18% were sold over asking.
Days on Market for Athens, GA
How long does it take to sell a home in Athens, GA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
43 Days | 47 Days | +8.0% |
Summary: Homes in Athens had an average of 47 days on market in Feb 2024, up by 8% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During February 2024, 140 homes were sold in Athens; 54% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.