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 seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in College Park, GA cost?

Median Sold Price

$332,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$63,258(+23.5%)

Key Takeaway

Homes in College Park have sold for 23.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $206K$185K
-10.2%
3 $253K$289.6K
+14.5%
4 $329.7K$405K
+22.8%
5+ $435.5K$470K
+7.9%

Median Sold Price Compared To Nearby Cities

Union City
+27.6%
Fairburn-Union City
+27.0%
College Park
+23.5%
College Park
+21.4%
East Point
+19.4%

How many homes are available in College Park, GA?

Number of Homes For Sale

Nov 2021Dec 2021%
5350-5.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 55
0.0%
3 2321
-8.7%
4 1514
-6.7%
5+ 99
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
717+142.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were 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. 62.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
26 Days35 Days+31.6%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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.

About College Park, GA

Number of homes for sale in College Park, GA real estate market have reached 50. In December 2021 in College Park, GA there were 5.7% less homes for sale than in November 2021. In December 2021 median list price was $332,000 and the average listing age was 35 days. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 10.2% more cheaper, 3 bedrooms properties became 14.5% more expensive, prices of 4 bedrooms properties went up by 22.8%, 5 bedrooms properties prices increased by 7.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 8.7%, the quantity of 4 bedrooms homes went down by 6.7%, number of 5 bedrooms homes remained the same. Over 3 listings were sold over their listed price in December 2021 in College Park, GA. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price.

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