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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacula-Rocky Creek is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Dacula-Rocky Creek, GA

How much do homes in Dacula-Rocky Creek, GA cost?

Median Sold Price

$469,999

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$29,886(+6.8%)

Key Takeaway

Homes in Dacula-Rocky Creek have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Dacula-Rocky Creek was $469,999 in June 2024, up 6.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $290K$430K
+48.3%
3 $364.2K$385K
+5.7%
4 $422.2K$449.5K
+6.5%
5+ $571.6K$576K
+0.8%

Summary: Dacula-Rocky Creek housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Auburn
+16.2%
Dacula
+7.0%
Dacula-Rocky Creek
+6.8%
Braselton
+5.3%
Snellville-Grayson
+1.5%

Housing Supply in Dacula-Rocky Creek, GA

How many homes are available in Dacula-Rocky Creek, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
907945+4.2%

Summary: The Dacula-Rocky Creek real estate market had 945 homes for sale in June 2024, a 4.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 916
+77.8%
3 181184
+1.7%
4 299326
+9.0%
5+ 418419
0.2%

Summary: The Dacula-Rocky Creek housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 0.2%.

Number of Homes Sold

May 2024Jun 2024CHANGE
264184-30.3%

Asking Price vs. Sold Price

92 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

47 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dacula-Rocky Creek, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 184 homes were sold or pending in Dacula-Rocky Creek in June 2024, down by 30.3% month-over-month. Of the 177 sold homes, 52% were sold under asking, 21% were sold at asking, and 27% were sold over asking.

Days on Market for Dacula-Rocky Creek, GA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
26 Days25 Days-5.0%

Summary: Homes in Dacula-Rocky Creek had an average of 25 days on market in Jun 2024, down by 5% compared to last year.

Breakdown of Home Sale Times

131 Homes Were Sold
Under 30 Days

44 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 184 homes were sold in Dacula-Rocky Creek; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% 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 26 Days Ago

Newest Listings in Dacula-Rocky Creek, GA

Nearby Markets to Dacula-Rocky Creek, GA

What housing markets are near Dacula-Rocky Creek, GA?