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 May 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

$312,686

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$12,689(+4.2%)

Key Takeaway

Homes in Conyers have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Conyers was $312,686 in May 2024, up 4.2% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $99K$83K
-16.2%
2 $154.5K$175K
+13.3%
3 $256.1K$257.7K
+0.6%
4 $370.5K$355.2K
-4.1%
5+ $466.4K$462.5K
-0.9%

Summary: Conyers housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Cities

Conyers
+4.2%
Covington-Porterdale
+1.4%
North Rockdale
0.5%

Housing Supply in Conyers, GA

How many homes are available in Conyers, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
546590+8.1%

Summary: The Conyers real estate market had 590 homes for sale in May 2024, a 8.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2832
+14.3%
3 218237
+8.7%
4 185194
+4.9%
5+ 115127
+10.4%

Summary: The Conyers housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 10.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
123111-9.8%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

28 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. 35.4% of homes here sold below asking price last month.

Summary: A total of 111 homes were sold or pending in Conyers in May 2024, down by 9.8% month-over-month. Of the 96 sold homes, 35% were sold under asking, 35% 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

May 2023May 2024CHANGE
39 Days41 Days+6.9%

Summary: Homes in Conyers had an average of 41 days on market in May 2024, up by 6.9% compared to last year.

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

13 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 May 2024, 111 homes were sold in Conyers; 55% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 12% 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 22 Days Ago

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