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 August 2022

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

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

+$56,267(+24.5%)

Key Takeaway

Homes in Conyers have sold for 24.5% more than they did a year ago.

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

# BEDSAug 2022Aug 2023CHANGE
1 $99K-
N/A
2 $128K$152K
+18.8%
3 $225K$255.1K
+13.4%
4 $300K$349K
+16.3%
5+ $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
+24.5%
North Rockdale
+6.4%
Covington-Porterdale
+4.9%

Housing Supply

How many homes are available in Conyers, GA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
489531+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

# BEDSJul 2023Aug 2023CHANGE
1 00
0.0%
2 1922
+15.8%
3 206211
+2.4%
4 163184
+12.9%
5+ 101114
+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 2023Aug 2023CHANGE
112125+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conyers, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.

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 2022Aug 2023CHANGE
14 Days26 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 25 Days Ago

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Nearby Markets

What housing markets are near Conyers, GA?