Is Auburn, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Auburn was a Seller's Market.
Housing Prices in Auburn, GA
How much do homes in Auburn, GA cost?
Median Sold Price
$399,450
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Auburn was $399,450 in June 2024, up 16.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215K | $234K | +8.8% |
3 Bedrooms | $315K | $326.2K | +3.6% |
4 Bedrooms | $425K | $429.9K | +1.2% |
5+ Bedrooms | $540K | $550K | +1.9% |
Summary: Auburn housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
Auburn | $343.8K | $399.4K | +16.2% |
Dacula-Rocky Creek | $440.1K | $469.9K | +6.8% |
Housing Supply in Auburn, GA
How many homes are available in Auburn, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
145 | 159 | +9.7% |
Summary: The Auburn real estate market had 159 homes for sale in June 2024, a 9.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 49 | 56 | +14.3% |
4 Bedrooms | 51 | 65 | +27.5% |
5+ Bedrooms | 43 | 36 | -16.3% |
Summary: The Auburn housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes decreased by 16.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
33 | 27 | -18.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Auburn in June 2024, down by 18.2% month-over-month. Of the 25 sold homes, 36% were sold under asking, 48% were sold at asking, and 16% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
33 Days | 41 Days | +22.4% |
Summary: Homes in Auburn had an average of 41 days on market in Jun 2024, up by 22.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 27 homes were sold in Auburn; 52% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.