Is Athens, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$340,091
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Athens was $340,091 in March 2024, up 6.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $264K | $172K | -34.8% |
2 Bedrooms | $234K | $235.2K | 0.5% |
3 Bedrooms | $303.3K | $317.6K | +4.7% |
4 Bedrooms | $376.3K | $399.9K | +6.3% |
5+ Bedrooms | $525K | $561.5K | +7.0% |
Summary: Athens housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.8%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
Bogart | $335K | $378.7K | +13.1% |
Athens | $320K | $340K | +6.3% |
Winterville | $320K | $334.6K | +4.6% |
Elder | $725K | $420K | -42.1% |
Housing Supply in Athens, GA
How many homes are available in Athens, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
646 | 659 | +2.0% |
Summary: The Athens real estate market had 659 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 14 | 0.0% |
2 Bedrooms | 124 | 121 | -2.4% |
3 Bedrooms | 238 | 231 | -2.9% |
4 Bedrooms | 196 | 208 | +6.1% |
5+ Bedrooms | 74 | 85 | +14.9% |
Summary: The Athens 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 decreased by 2.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 14.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
156 | 171 | +9.6% |
Asking Price vs. Sold Price
85 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 171 homes were sold or pending in Athens in March 2024, up by 9.6% month-over-month. Of the 161 sold homes, 53% were sold under asking, 25% were sold at asking, and 22% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 37 Days | +11.3% |
Summary: Homes in Athens had an average of 37 days on market in Mar 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
106 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 171 homes were sold in Athens; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.