Is DeKalb County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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
$342,579
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in DeKalb County was $342,579 in November 2023, down 1.5% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $202.1K | $200K | -1.1% |
2 Bedrooms | $229.6K | $236.5K | +3.0% |
3 Bedrooms | $307.3K | $301.1K | -2.0% |
4 Bedrooms | $433K | $412.1K | -4.8% |
5+ Bedrooms | $633.6K | $640.3K | +1.0% |
Summary: DeKalb County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Counties
Fulton County | $428.1K | $446.1K | +4.2% |
Gwinnett County | $405.6K | $409.5K | +0.9% |
Clayton County | $239.9K | $239.9K | 0.0% |
DeKalb County | $347.7K | $342.5K | -1.5% |
Rockdale County | $309.7K | $294.1K | -5.0% |
Housing Supply in DeKalb County, GA
How many homes are available in DeKalb County, GA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
3,052 | 3,189 | +4.5% |
Summary: The DeKalb County real estate market had 3,189 homes for sale in November 2023, a 4.5% increase compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 49 | 51 | +4.1% |
2 Bedrooms | 370 | 438 | +18.4% |
3 Bedrooms | 1,303 | 1,339 | +2.8% |
4 Bedrooms | 897 | 905 | +0.9% |
5+ Bedrooms | 433 | 456 | +5.3% |
Summary: The DeKalb County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
707 | 635 | -10.2% |
Asking Price vs. Sold Price
240 Homes Were Sold
Under Asking
153 Homes Were Sold
At Asking
169 Homes Were Sold
Over Asking
Summary: A total of 635 homes were sold or pending in DeKalb County in November 2023, down by 10.2% month-over-month. Of the 562 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% 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
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
27 Days | 25 Days | -10.4% |
Summary: Homes in DeKalb County had an average of 25 days on market in Nov 2023, down by 10.4% compared to last year.
Breakdown of Home Sale Times
463 Homes Were Sold
Under 30 Days
142 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During November 2023, 635 homes were sold in DeKalb County; 73% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.