Is Coweta County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coweta County is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Coweta County has remained a Seller's Market.

Key Takeaway

Coweta County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$30,188(+8.2%)

Key Takeaway

Homes in Coweta County have sold for 8.2% more than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 $185.5K$132.5K
-28.6%
2 $248K$269.9K
+8.9%
3 $305.4K$320K
+4.8%
4 $429.9K$440.6K
+2.5%
5+ $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
+9.5%
Coweta County
+8.2%
Heard County
+7.0%
Spalding County
+2.2%
Meriwether County
+2.1%

Housing Supply in Coweta County, GA

How many homes are available in Coweta County, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
650697+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

# BEDSJan 2024Feb 2024CHANGE
1 12
+100.0%
2 3034
+13.3%
3 251261
+4.0%
4 244268
+9.8%
5+ 124132
+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 2024Feb 2024CHANGE
122166+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coweta County, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

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 2023Feb 2024CHANGE
32 Days41 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 18 Days Ago

Newest Listings in Coweta County, GA

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