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 April 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

$457,762

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,894(+3.8%)

Key Takeaway

Homes in Dacula-Rocky Creek have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Dacula-Rocky Creek was $457,762 in April 2024, up 3.8% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $272K$395K
+45.2%
3 $360.2K$385K
+6.9%
4 $423.9K$440K
+3.8%
5+ $574.3K$580K
+1.0%

Summary: Dacula-Rocky Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Auburn
+16.1%
Dacula
+4.7%
Dacula-Rocky Creek
+3.8%
Braselton
+1.3%
Snellville-Grayson
+1.1%

Housing Supply in Dacula-Rocky Creek, GA

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
721828+14.8%

Summary: The Dacula-Rocky Creek real estate market had 828 homes for sale in April 2024, a 14.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 132160
+21.2%
4 255266
+4.3%
5+ 320390
+21.9%

Summary: The Dacula-Rocky Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 21.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
193175-9.3%

Asking Price vs. Sold Price

88 Homes Were Sold
Under Asking

39 Homes Were Sold
At Asking

41 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. 52.4% of homes here sold below asking price last month.

Summary: A total of 175 homes were sold or pending in Dacula-Rocky Creek in April 2024, down by 9.3% month-over-month. Of the 168 sold homes, 52% were sold under asking, 23% were sold at asking, and 24% 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

Apr 2023Apr 2024CHANGE
38 Days26 Days-30.7%

Summary: Homes in Dacula-Rocky Creek had an average of 26 days on market in Apr 2024, down by 30.7% compared to last year.

Breakdown of Home Sale Times

128 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

11 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 April 2024, 175 homes were sold in Dacula-Rocky Creek; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

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