Is Coweta County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Coweta County has remained a Seller's Market.
Housing Prices in Coweta County, GA
How much do homes in Coweta County, GA cost?
Median Sold Price
$399,900
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Coweta County was $399,900 in February 2024, up 8.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185.5K | $132.5K | -28.6% |
2 Bedrooms | $248K | $269.9K | +8.9% |
3 Bedrooms | $305.4K | $320K | +4.8% |
4 Bedrooms | $429.9K | $440.6K | +2.5% |
5+ Bedrooms | $525K | $597.8K | +13.9% |
Summary: Coweta County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Counties
Fayette County | $438.3K | $480K | +9.5% |
Coweta County | $369.7K | $399.9K | +8.2% |
Heard County | $249K | $266.5K | +7.0% |
Spalding County | $249.5K | $255K | +2.2% |
Meriwether County | $239.9K | $245K | +2.1% |
Housing Supply in Coweta County, GA
How many homes are available in Coweta County, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
650 | 697 | +7.2% |
Summary: The Coweta County real estate market had 697 homes for sale in February 2024, a 7.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 30 | 34 | +13.3% |
3 Bedrooms | 251 | 261 | +4.0% |
4 Bedrooms | 244 | 268 | +9.8% |
5+ Bedrooms | 124 | 132 | +6.5% |
Summary: The Coweta County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 6.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
122 | 166 | +36.1% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
53 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 166 homes were sold or pending in Coweta County in February 2024, up by 36.1% month-over-month. Of the 146 sold homes, 51% were sold under asking, 36% were sold at asking, and 12% were sold over asking.
Days on Market for Coweta County, GA
How long does it take to sell a home in Coweta County, GA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
32 Days | 41 Days | +25.8% |
Summary: Homes in Coweta County had an average of 41 days on market in Feb 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
86 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During February 2024, 166 homes were sold in Coweta County; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.