Is Candler Park, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Candler Park is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Candler Park, GA

How much do homes in Candler Park, GA cost?

Median Sold Price

$756,500

$377/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$66,500(+9.6%)

Key Takeaway

Homes in Candler Park have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Candler Park was $756,500 in May 2024, up 9.6% from last year, and the median price per square foot was $377.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $285K$210K
-26.3%
2 $290K$468K
+61.4%
3 $826.5K$769K
-7.0%
4 $896.2K$1.1M
+22.7%
5+ $1.1M$1.3M
+19.1%

Summary: Candler Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.3%, 2 bedroom homes increased by 61.4%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 19.1%.

Median Sold Price Compared To Nearby Neighborhoods

Candler Park
+9.6%
Eastside
+8.1%

Housing Supply in Candler Park, GA

How many homes are available in Candler Park, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1817-5.6%

Summary: The Candler Park real estate market had 17 homes for sale in May 2024, a 5.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 11
0.0%
3 65
-16.7%
4 66
0.0%
5+ 11
0.0%

Summary: The Candler Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Candler Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Candler Park in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Candler Park, GA

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

Average Sale Time

May 2023May 2024CHANGE
15 Days23 Days+58.9%

Summary: Homes in Candler Park had an average of 23 days on market in May 2024, up by 58.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Candler Park; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago

Newest Listings in Candler Park, GA

Nearby Markets to Candler Park, GA