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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckhead is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Buckhead was a Buyer's Market.

Key Takeaway

Buckhead is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Buckhead, GA

How much do homes in Buckhead, GA cost?

Median Sold Price

$275,000

$193/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$482,000(-63.7%)

Key Takeaway

Homes in Buckhead have sold for 63.7% less than they did a month ago.

Summary: The median home sold price in Buckhead was $275,000 in March 2024, down 63.7% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $214K-
N/A
2 --
N/A
3 -$275K
N/A
4 $1.3M-
N/A
5+ --
N/A

Summary: Buckhead housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Buckhead, GA

How many homes are available in Buckhead, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1524+60.0%

Summary: The Buckhead real estate market had 24 homes for sale in March 2024, a 60.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 00
0.0%
3 813
+62.5%
4 57
+40.0%
5+ 12
+100.0%

Summary: The Buckhead housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckhead, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Buckhead in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Buckhead, GA

How long does it take to sell a home in Buckhead, GA?

Average Sale Time

Feb 2024Mar 2024CHANGE
18 Days96 Days+421.6%

Summary: Homes in Buckhead had an average of 96 days on market in Mar 2024, up by 421.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Buckhead are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Buckhead; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

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