Is Coweta County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$399,783
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Coweta County have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Coweta County was $399,783 in March 2024, up 6.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185.5K | $132.5K | -28.6% |
| 2 Bedrooms | $250K | $266K | +6.4% |
| 3 Bedrooms | $307.7K | $325K | +5.6% |
| 4 Bedrooms | $435.9K | $441.2K | +1.2% |
| 5+ Bedrooms | $540.5K | $604.7K | +11.9% |
Summary: Coweta County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Counties
| Fayette County | $441.3K | $485K | +9.9% |
| Coweta County | $375K | $399.7K | +6.6% |
| Spalding County | $249.9K | $250K | 0.0% |
| Meriwether County | $249.4K | $242.5K | -2.8% |
Housing Supply in Coweta County, GA
How many homes are available in Coweta County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 688 | 764 | +11.0% |
Summary: The Coweta County real estate market had 764 homes for sale in March 2024, a 11.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 31 | 36 | +16.1% |
| 3 Bedrooms | 253 | 283 | +11.9% |
| 4 Bedrooms | 273 | 304 | +11.4% |
| 5+ Bedrooms | 129 | 139 | +7.8% |
Summary: The Coweta County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 7.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 172 | 171 | -0.6% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
52 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coweta County, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 171 homes were sold or pending in Coweta County in March 2024, down by 0.6% month-over-month. Of the 160 sold homes, 52% were sold under asking, 33% were sold at asking, and 16% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 47 Days | +8.1% |
Summary: Homes in Coweta County had an average of 47 days on market in Mar 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
99 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coweta County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 171 homes were sold in Coweta County; 58% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.