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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conyers is a buyer's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Conyers was a Seller's Market.

Key Takeaway

Conyers is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Conyers, GA

How much do homes in Conyers, GA cost?

Median Sold Price

$310,151

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$10,151(+3.4%)

Key Takeaway

Homes in Conyers have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Conyers was $310,151 in June 2024, up 3.4% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $99K$83K
-16.2%
2 $155K$172K
+11.0%
3 $256K$257.6K
+0.7%
4 $367K$355.6K
-3.1%
5+ $470K$460K
-2.1%

Summary: Conyers housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Cities

Conyers
+3.4%
Covington-Porterdale
+2.4%
North Rockdale
+0.9%

Housing Supply in Conyers, GA

How many homes are available in Conyers, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
543570+5.0%

Summary: The Conyers real estate market had 570 homes for sale in June 2024, a 5.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 2828
0.0%
3 216236
+9.3%
4 181189
+4.4%
5+ 118117
-0.8%

Summary: The Conyers housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 0.8%.

Number of Homes Sold

May 2024Jun 2024CHANGE
11877-34.7%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

17 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. 44.3% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in Conyers in June 2024, down by 34.7% month-over-month. Of the 70 sold homes, 44% were sold under asking, 31% were sold at asking, and 24% 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

Jun 2023Jun 2024CHANGE
31 Days53 Days+68.7%

Summary: Homes in Conyers had an average of 53 days on market in Jun 2024, up by 68.7% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

25 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 June 2024, 77 homes were sold in Conyers; 51% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 17% 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 26 Days Ago

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