Is DeKalb 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, DeKalb County has remained a Seller's Market.
Housing Prices in DeKalb County, GA
How much do homes in DeKalb County, GA cost?
Median Sold Price
$345,945
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in DeKalb County was $345,945 in March 2024, down 1.2% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $205K | 0.0% |
2 Bedrooms | $230.1K | $245.4K | +6.7% |
3 Bedrooms | $309.9K | $305K | -1.6% |
4 Bedrooms | $430.2K | $413.2K | -4.0% |
5+ Bedrooms | $642.1K | $643K | 0.1% |
Summary: DeKalb County 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 6.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Counties
Fulton County | $435.2K | $462.4K | +6.3% |
Gwinnett County | $409.3K | $419K | +2.4% |
Clayton County | $240K | $242.3K | +1.0% |
DeKalb County | $349.9K | $345.9K | -1.2% |
Rockdale County | $310K | $300.6K | -3.0% |
Housing Supply in DeKalb County, GA
How many homes are available in DeKalb County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3,172 | 3,553 | +12.0% |
Summary: The DeKalb County real estate market had 3,553 homes for sale in March 2024, a 12.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 61 | 68 | +11.5% |
2 Bedrooms | 399 | 441 | +10.5% |
3 Bedrooms | 1,387 | 1,561 | +12.5% |
4 Bedrooms | 879 | 997 | +13.4% |
5+ Bedrooms | 446 | 486 | +9.0% |
Summary: The DeKalb County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
702 | 742 | +5.7% |
Asking Price vs. Sold Price
294 Homes Were Sold
Under Asking
161 Homes Were Sold
At Asking
233 Homes Were Sold
Over Asking
Summary: A total of 742 homes were sold or pending in DeKalb County in March 2024, up by 5.7% month-over-month. Of the 688 sold homes, 43% were sold under asking, 23% were sold at asking, and 34% were sold over asking.
Days on Market for DeKalb County, GA
How long does it take to sell a home in DeKalb County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 33 Days | -10.7% |
Summary: Homes in DeKalb County had an average of 33 days on market in Mar 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
489 Homes Were Sold
Under 30 Days
180 Homes Were Sold
In 30 - 90 Days
71 Homes Were Sold
Over 90 Days
Summary: During March 2024, 742 homes were sold in DeKalb County; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.