Is Austell, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austell is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Austell has remained a Seller's Market.

Key Takeaway

Austell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Austell, GA cost?

Median Sold Price

$287,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$57,500(+25.0%)

Key Takeaway

Homes in Austell have sold for 25% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $70K-
N/A
2 $161K$160K
-0.6%
3 $210K$250K
+19.0%
4 $265K$360K
+35.8%
5+ $303.5K$362.9K
+19.6%

Median Sold Price Compared To Nearby Cities

Lithia Springs
+30.4%
Austell
+25.0%
Douglasville-Lithia Springs
+25.0%
Mableton
+13.9%

How many homes are available in Austell, GA?

Number of Homes For Sale

Aug 2022Sep 2022%
6857-16.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 67
+16.7%
3 3127
-12.9%
4 2419
-20.8%
5+ 74
-42.9%

Number of Homes Sold

Aug 2022Sep 2022%
2018-10.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austell, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
14 Days21 Days+45.7%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Austell are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Austell, GA

There are 57 homes are for sale in Austell, GA real estate market. The number of listings in Austell, GA decreased by 16.2% between August 2022 and September 2022. The median list price of listings available in September 2022 was $287,500, while the average time on the real estate market was 21 days. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went down by 0.6%, the cost of 3 bedrooms properties went up by 19%, 4 bedrooms properties prices increased by 35.8%, the cost of 5 bedrooms properties went up by 19.6%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 16.7%, 3 bedrooms homes became 12.9% less available, volume of 4 bedrooms homes went down by 20.8%, 5 bedrooms homes became 42.9% less available. In September 2022, from all listings sold in Austell, GA there were more than 5 sold above asking price, over 7 sold below and more than 5 were sold right at the asked price.

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