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

Housing Market Conditions



Gauge showing Buford is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Buford, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Buford have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Buford was $473,000 in August 2023, up 11.3% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $152K$160K
2 $265K$305K
3 $339K$390K
4 $477.5K$464K
5+ $645.1K$640K

Summary: Buford housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Sugar Hill
Buford-Sugar Hill
Dacula-Rocky Creek

Housing Supply

How many homes are available in Buford, GA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Buford real estate market had 442 homes for sale in August 2023, a 0.9% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 11
2 1412
3 136112
4 135144
5+ 160173

Summary: The Buford housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 8.1%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buford, you may be able to get a good deal. 62.6% of homes here sold below asking price last month.

Summary: A total of 112 homes were sold or pending in Buford in August 2023, up by 2.8% month-over-month. Of the 107 sold homes, 63% were sold under asking, 15% were sold at asking, and 22% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
9 Days31 Days+246.7%

Summary: Homes in Buford had an average of 31 days on market in Aug 2023, up by 246.7% compared to last year.

Breakdown of Home Sale Times

81 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 112 homes were sold in Buford; 72% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% 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 30 Days Ago

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Nearby Markets

What housing markets are near Buford, GA?