Is College Park, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, College Park was a Seller's Market.
Housing Prices in College Park, GA
How much do homes in College Park, GA cost?
Median Sold Price
$365,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in College Park was $365,000 in June 2024, down 2.3% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $236K | N/A |
2 Bedrooms | $287K | $246K | -14.3% |
3 Bedrooms | $323K | $342.4K | +6.0% |
4 Bedrooms | $475K | $425K | -10.5% |
5+ Bedrooms | $625K | $378K | -39.5% |
Summary: College Park housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 39.5%.
Median Sold Price Compared To Nearby Cities
College Park | $239.9K | $260K | +8.4% |
Atlanta | $400.2K | $419.9K | +4.9% |
Fairburn-Union City | $284.8K | $285K | 0.0% |
East Point | $299.9K | $294.4K | -1.8% |
College Park | $373.4K | $365K | -2.3% |
Housing Supply in College Park, GA
How many homes are available in College Park, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
73 | 96 | +31.5% |
Summary: The College Park real estate market had 96 homes for sale in June 2024, a 31.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 34 | 39 | +14.7% |
4 Bedrooms | 16 | 26 | +62.5% |
5+ Bedrooms | 6 | 15 | +150.0% |
Summary: The College Park housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in College Park in June 2024, up by 100.0% 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 for College Park, GA
How long does it take to sell a home in College Park, GA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
22 Days | 40 Days | +81.8% |
Summary: Homes in College Park had an average of 40 days on market in Jun 2024, up by 81.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 12 homes were sold in College Park; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.