Is Dacula, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacula is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Dacula, GA

How much do homes in Dacula, GA cost?

Median Sold Price

$443,757

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,257(+2.6%)

Key Takeaway

Homes in Dacula have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Dacula was $443,757 in March 2024, up 2.6% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $221.5K$245K
+10.6%
3 $344.4K$370K
+7.4%
4 $415K$428.7K
+3.3%
5+ $537.5K$543.3K
+1.1%

Summary: Dacula housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+2.8%
Dacula
+2.6%

Housing Supply in Dacula, GA

How many homes are available in Dacula, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
239283+18.4%

Summary: The Dacula real estate market had 283 homes for sale in March 2024, a 18.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 4044
+10.0%
4 91107
+17.6%
5+ 108132
+22.2%

Summary: The Dacula 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5966+11.9%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dacula, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Dacula in March 2024, up by 11.9% month-over-month. Of the 57 sold homes, 46% were sold under asking, 32% were sold at asking, and 23% were sold over asking.

Days on Market for Dacula, GA

How long does it take to sell a home in Dacula, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
49 Days36 Days-25.3%

Summary: Homes in Dacula had an average of 36 days on market in Mar 2024, down by 25.3% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 66 homes were sold in Dacula; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 12% 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 24 Days Ago

Newest Listings in Dacula, GA

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