Is Clarkston, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
At the same time last year, Clarkston was a Neutral Market.
Key Takeaway
Clarkston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Clarkston, GA cost?
Median Sold Price
$320,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Clarkston have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Clarkston was $320,000 in August 2023, up 14.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $185K | -5.1% |
| 3 Bedrooms | $289K | $349.7K | +21.0% |
| 4 Bedrooms | $353K | $337.5K | -4.4% |
| 5+ Bedrooms | - | $590K | N/A |
Summary: Clarkston housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 21%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clarkston | $278.6K | $320K | +14.8% |
| Atlanta-Decatur | $345.4K | $347.5K | +0.6% |
Housing Supply
How many homes are available in Clarkston, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 33 | 44 | +33.3% |
Summary: The Clarkston real estate market had 44 homes for sale in August 2023, a 33.3% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 15 | +50.0% |
| 3 Bedrooms | 14 | 19 | +35.7% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Clarkston housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 35.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarkston, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Clarkston in August 2023, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market
How long does it take to sell a home in Clarkston, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 3 Days | 55 Days | +1736.4% |
Summary: Homes in Clarkston had an average of 55 days on market in Aug 2023, up by 1736.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clarkston are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 11 homes were sold in Clarkston; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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