Is Austell, 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, Austell has remained a Seller's Market.
Housing Prices in Austell, GA
How much do homes in Austell, GA cost?
Median Sold Price
$300,000
$172/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since February 2023.
Summary: The median home sold price in Austell was $300,000 in February 2024, the same as last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109.1K | - | N/A |
2 Bedrooms | $175K | $201K | +14.9% |
3 Bedrooms | $283K | $290K | +2.5% |
4 Bedrooms | $347.1K | $358.5K | +3.3% |
5+ Bedrooms | $382.5K | $400K | +4.6% |
Summary: Austell housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Cities
Mableton | $340.2K | $349.9K | +2.9% |
Austell | $300K | $300K | 0.0% |
Douglasville-Lithia Springs | $300.5K | $291.6K | -3.0% |
Housing Supply in Austell, GA
How many homes are available in Austell, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
115 | 147 | +27.8% |
Summary: The Austell real estate market had 147 homes for sale in February 2024, a 27.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 75 | 100 | +33.3% |
4 Bedrooms | 23 | 30 | +30.4% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Austell housing inventory by bedroom type for February 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 33.3%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 30 | +50.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Austell in February 2024, up by 50.0% month-over-month. Of the 28 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for Austell, GA
How long does it take to sell a home in Austell, GA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
47 Days | 54 Days | +14.4% |
Summary: Homes in Austell had an average of 54 days on market in Feb 2024, up by 14.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 30 homes were sold in Austell; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.