Is Conyers, 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, Conyers has remained a Seller's Market.
Housing Prices
How much do homes in Conyers, GA cost?
Median Sold Price
$286,200
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Conyers was $286,200 in August 2023, up 24.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $99K | - | N/A |
2 Bedrooms | $128K | $152K | +18.8% |
3 Bedrooms | $225K | $255.1K | +13.4% |
4 Bedrooms | $300K | $349K | +16.3% |
5+ Bedrooms | $419.5K | $475K | +13.2% |
Summary: Conyers 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 18.8%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
Conyers | $229.9K | $286.2K | +24.5% |
North Rockdale | $282K | $299.9K | +6.4% |
Covington-Porterdale | $281.2K | $295K | +4.9% |
Housing Supply
How many homes are available in Conyers, GA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
489 | 531 | +8.6% |
Summary: The Conyers real estate market had 531 homes for sale in August 2023, a 8.6% 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 | 19 | 22 | +15.8% |
3 Bedrooms | 206 | 211 | +2.4% |
4 Bedrooms | 163 | 184 | +12.9% |
5+ Bedrooms | 101 | 114 | +12.9% |
Summary: The Conyers 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 increased by 15.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 12.9%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
112 | 125 | +11.6% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 125 homes were sold or pending in Conyers in August 2023, up by 11.6% month-over-month. Of the 110 sold homes, 44% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market
How long does it take to sell a home in Conyers, GA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
14 Days | 26 Days | +74.9% |
Summary: Homes in Conyers had an average of 26 days on market in Aug 2023, up by 74.9% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During August 2023, 125 homes were sold in Conyers; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.