Is College Park, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, College Park has remained a Seller's Market.
Housing Prices in College Park, GA
How much do homes in College Park, GA cost?
Median Sold Price
$259,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in College Park was $259,000 in February 2024, up 6.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210.7K | $200K | -5.1% |
3 Bedrooms | $223.5K | $244.7K | +9.5% |
4 Bedrooms | $290K | $307K | +5.9% |
5+ Bedrooms | $312K | $317.5K | +1.8% |
Summary: College Park housing prices by bedroom type for February 2024 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 9.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
Forest Park | $182.5K | $205K | +12.3% |
College Park | $243.2K | $259K | +6.5% |
Forest Park-Morrow | $230.2K | $232.1K | +0.9% |
College Park | $370K | $373K | +0.8% |
Hapeville | $309.9K | $300K | -3.2% |
Housing Supply in College Park, GA
How many homes are available in College Park, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
37 | 49 | +32.4% |
Summary: The College Park real estate market had 49 homes for sale in February 2024, a 32.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 22 | 30 | +36.4% |
4 Bedrooms | 11 | 15 | +36.4% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The College Park housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 12 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in College Park in February 2024, up by 300.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
82 Days | 21 Days | -73.4% |
Summary: Homes in College Park had an average of 21 days on market in Feb 2024, down by 73.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 12 homes were sold in College Park; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.