Is Big Creek, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Big Creek has remained a Seller's Market.
Key Takeaway
Big Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Big Creek, GA
How much do homes in Big Creek, GA cost?
Median Sold Price
$730,505
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Big Creek have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Big Creek was $730,505 in June 2024, up 12.4% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $323K | N/A |
| 2 Bedrooms | $414.9K | $464.5K | +12.0% |
| 3 Bedrooms | $475K | $523.1K | +10.1% |
| 4 Bedrooms | $602K | $665K | +10.5% |
| 5+ Bedrooms | $800K | $900K | +12.5% |
Summary: Big Creek 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 12%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Suwanee-Duluth | $462.6K | $520.2K | +12.5% |
| Big Creek | $649.6K | $730.5K | +12.4% |
| Roswell-Alpharetta | $627K | $700K | +11.6% |
| Alpharetta | $658.3K | $734K | +11.5% |
| Johns Creek | $620K | $685K | +10.5% |
Housing Supply in Big Creek, GA
How many homes are available in Big Creek, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 333 | 387 | +16.2% |
Summary: The Big Creek real estate market had 387 homes for sale in June 2024, a 16.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 65 | 83 | +27.7% |
| 4 Bedrooms | 94 | 105 | +11.7% |
| 5+ Bedrooms | 167 | 188 | +12.6% |
Summary: The Big Creek housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 12.6%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 98 | 105 | +7.1% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Big Creek, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 105 homes were sold or pending in Big Creek in June 2024, up by 7.1% month-over-month. Of the 99 sold homes, 37% were sold under asking, 18% were sold at asking, and 44% were sold over asking.
Days on Market for Big Creek, GA
How long does it take to sell a home in Big Creek, GA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 10 Days | 18 Days | +71.6% |
Summary: Homes in Big Creek had an average of 18 days on market in Jun 2024, up by 71.6% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Big Creek are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 105 homes were sold in Big Creek; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.