Is Auburn, 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, Auburn has remained a Seller's Market.
Housing Prices in Auburn, GA
How much do homes in Auburn, GA cost?
Median Sold Price
$392,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Auburn was $392,000 in March 2024, up 19.5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $321K | $234K | -27.1% |
3 Bedrooms | $305K | $325K | +6.6% |
4 Bedrooms | $365K | $426.5K | +16.8% |
5+ Bedrooms | $499.9K | $550.4K | +10.1% |
Summary: Auburn housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Cities
Auburn | $328K | $392K | +19.5% |
Dacula-Rocky Creek | $441.4K | $453.5K | +2.8% |
Housing Supply in Auburn, GA
How many homes are available in Auburn, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 109 | -11.4% |
Summary: The Auburn real estate market had 109 homes for sale in March 2024, a 11.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 46 | 38 | -17.4% |
4 Bedrooms | 38 | 34 | -10.5% |
5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The Auburn 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 17.4%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 39 | +30.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Auburn in March 2024, up by 30.0% month-over-month. Of the 39 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for Auburn, GA
How long does it take to sell a home in Auburn, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 34 Days | +12.9% |
Summary: Homes in Auburn had an average of 34 days on market in Mar 2024, up by 12.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in Auburn; 59% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.