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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing College Park is a buyer's market

Buyer's
Market

Difference Since April 2022

At the same time last year, College Park was a Seller's Market.

Key Takeaway

College Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in College Park, GA cost?

Median Sold Price

$379,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$29,000(+8.3%)

Key Takeaway

Homes in College Park have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 --
N/A
2 $253.9K$299.9K
+18.1%
3 $305K$275K
-9.9%
4 $407.5K$452.5K
+11.0%
5+ $554K$625K
+12.8%

Median Sold Price Compared To Nearby Cities

East Point
+17.7%
Fairburn-Union City
+12.0%
College Park
+8.3%
Atlanta
+5.9%
College Park
0.0%

How many homes are available in College Park, GA?

Number of Homes For Sale

Mar 2023Apr 2023%
3947+20.5%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
0.0%
2 56
+20.0%
3 1619
+18.8%
4 1418
+28.6%
5+ 44
0.0%

Number of Homes Sold

Mar 2023Apr 2023%
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in College Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
28 Days38 Days+35.1%

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 College Park are selling fast, if you're buying plan to act quickly.

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

About College Park, GA

There are 47 homes are for sale in College Park, GA real estate market. The inventory of homes for sale in College Park, GA between March 2023 and April 2023 increased by 20.5%. In April 2023 median list price was $379,000 and the average listing age was 38 days. Between March 2023 and April 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 18.1%, 3 bedrooms properties became 9.9% more cheaper, 4 bedrooms properties prices increased by 11%, 5 bedrooms properties prices increased by 12.8%. This housing market inventory have changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 20%, the quantity of 3 bedrooms homes went up by 18.8%, number of 4 bedrooms homes increased by 28.6%, 5 bedrooms homes did not move. College Park, GA housing market in April 2023 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 3 sold below.

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