Is Douglas County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas County is a neutral's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Douglas County was a Seller's Market.

Key Takeaway

Douglas County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Douglas County, GA

How much do homes in Douglas County, GA cost?

Median Sold Price

$319,994

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$5,549(+1.8%)

Key Takeaway

Homes in Douglas County have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Douglas County was $319,994 in June 2024, up 1.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $179.7K$180K
0.2%
2 $176.5K$216.5K
+22.7%
3 $275K$274.9K
0%
4 $344.9K$356.6K
+3.4%
5+ $443.8K$465K
+4.8%

Summary: Douglas County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 22.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Counties

Fulton County
+7.8%
Cobb County
+4.7%
Douglas County
+1.8%
Paulding County
+1.5%
Carroll County
+0.9%

Housing Supply in Douglas County, GA

How many homes are available in Douglas County, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
914976+6.8%

Summary: The Douglas County real estate market had 976 homes for sale in June 2024, a 6.8% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 2326
+13.0%
3 380388
+2.1%
4 323349
+8.0%
5+ 188213
+13.3%

Summary: The Douglas County 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 13%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
214158-26.2%

Asking Price vs. Sold Price

60 Homes Were Sold
Under Asking

57 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas County, you may be able to get a good deal. 39.2% of homes here sold below asking price last month.

Summary: A total of 158 homes were sold or pending in Douglas County in June 2024, down by 26.2% month-over-month. Of the 153 sold homes, 39% were sold under asking, 37% were sold at asking, and 24% were sold over asking.

Days on Market for Douglas County, GA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
33 Days32 Days-3.2%

Summary: Homes in Douglas County had an average of 32 days on market in Jun 2024, down by 3.2% compared to last year.

Breakdown of Home Sale Times

103 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 158 homes were sold in Douglas County; 65% of homes were sold within 30 days, 28% 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 13 Days Ago

Newest Listings in Douglas County, GA

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