Is Cobb, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cobb was a Neutral Market.
Key Takeaway
Cobb is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cobb, GA
How much do homes in Cobb, GA cost?
Median Sold Price
$379,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cobb have sold for 23.4% less than they did a year ago.
Summary: The median home sold price in Cobb was $379,000 in April 2024, down 23.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $355K | N/A |
| 3 Bedrooms | $464.9K | $377K | -18.9% |
| 4 Bedrooms | $440K | $550K | +25.0% |
| 5+ Bedrooms | $699K | $475K | -32.0% |
Summary: Cobb housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Cities
| Leslie-De Soto | $440K | $375K | -14.8% |
| Cobb | $494.9K | $379K | -23.4% |
Housing Supply in Cobb, GA
How many homes are available in Cobb, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Cobb real estate market had 7 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cobb housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cobb, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Cobb in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cobb, GA
How long does it take to sell a home in Cobb, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 178 Days | +1012.5% |
Summary: Homes in Cobb had an average of 178 days on market in Apr 2024, up by 1012.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cobb are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Cobb; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
