Is Athens, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$347,583
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Athens was $347,583 in June 2024, up 8.6% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $235K | -7.8% |
2 Bedrooms | $225K | $240.1K | +6.8% |
3 Bedrooms | $307.1K | $327.5K | +6.6% |
4 Bedrooms | $377K | $403.2K | +7.0% |
5+ Bedrooms | $521.5K | $566K | +8.5% |
Summary: Athens housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
Athens | $319.9K | $347.5K | +8.6% |
Bogart | $360.4K | $389.1K | +8.0% |
Winterville | $320K | $326K | +1.9% |
Housing Supply in Athens, GA
How many homes are available in Athens, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
759 | 719 | -5.3% |
Summary: The Athens real estate market had 719 homes for sale in June 2024, a 5.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 13 | -18.8% |
2 Bedrooms | 136 | 129 | -5.1% |
3 Bedrooms | 283 | 254 | -10.2% |
4 Bedrooms | 231 | 229 | -0.9% |
5+ Bedrooms | 93 | 94 | +1.1% |
Summary: The Athens housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.8%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 1.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
238 | 176 | -26.1% |
Asking Price vs. Sold Price
94 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 176 homes were sold or pending in Athens in June 2024, down by 26.1% month-over-month. Of the 173 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
25 Days | 28 Days | +11.1% |
Summary: Homes in Athens had an average of 28 days on market in Jun 2024, up by 11.1% compared to last year.
Breakdown of Home Sale Times
117 Homes Were Sold
Under 30 Days
47 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During June 2024, 176 homes were sold in Athens; 66% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.