Is Conley, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Conley has remained a Seller's Market.
Housing Prices
How much do homes in Conley, GA cost?
Median Sold Price
$230,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Conley was $230,000 in August 2023, down 3.4% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $68K | $70K | +2.9% |
3 Bedrooms | $201K | $207.5K | +3.2% |
4 Bedrooms | $272K | $300K | +10.3% |
5+ Bedrooms | $389.4K | $412K | +5.8% |
Summary: Conley housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
Forest Park | $175K | $195K | +11.4% |
Forest Park-Morrow | $221K | $230K | +4.0% |
Ellenwood | $295K | $300K | +1.7% |
Atlanta-Decatur | $345.4K | $347.5K | +0.6% |
Conley | $238K | $230K | -3.4% |
Housing Supply
How many homes are available in Conley, GA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
39 | 44 | +12.8% |
Summary: The Conley real estate market had 44 homes for sale in August 2023, a 12.8% increase compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Conley housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Conley in August 2023, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market
How long does it take to sell a home in Conley, GA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
11 Days | 31 Days | +181.8% |
Summary: Homes in Conley had an average of 31 days on market in Aug 2023, up by 181.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During August 2023, 8 homes were sold in Conley; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.