Is Conyers, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conyers is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Conyers, GA

How much do homes in Conyers, GA cost?

Median Sold Price

$303,666

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$33,466(+12.4%)

Key Takeaway

Homes in Conyers have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Conyers was $303,666 in March 2024, up 12.4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $99K$83K
-16.2%
2 $132.5K$180K
+35.8%
3 $250K$255.6K
+2.3%
4 $375K$353.5K
-5.7%
5+ $462.9K$475K
+2.6%

Summary: Conyers housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 35.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Conyers
+12.4%
North Rockdale
+4.6%
Covington-Porterdale
0%

Housing Supply in Conyers, GA

How many homes are available in Conyers, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
494553+11.9%

Summary: The Conyers real estate market had 553 homes for sale in March 2024, a 11.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 2532
+28.0%
3 201218
+8.5%
4 159191
+20.1%
5+ 107110
+2.8%

Summary: The Conyers housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 2.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7198+38.0%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conyers, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 98 homes were sold or pending in Conyers in March 2024, up by 38.0% month-over-month. Of the 92 sold homes, 43% were sold under asking, 27% were sold at asking, and 29% were sold over asking.

Days on Market for Conyers, GA

How long does it take to sell a home in Conyers, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
40 Days43 Days+8.4%

Summary: Homes in Conyers had an average of 43 days on market in Mar 2024, up by 8.4% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Conyers are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 98 homes were sold in Conyers; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

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