Is Douglasville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Douglasville was a Seller's Market.
Key Takeaway
Douglasville 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 Douglasville, GA
How much do homes in Douglasville, GA cost?
Median Sold Price
$324,920
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Douglasville have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Douglasville was $324,920 in June 2024, up 1.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229.5K | - | N/A |
| 2 Bedrooms | $165K | $200K | +21.2% |
| 3 Bedrooms | $275K | $275K | 0.0% |
| 4 Bedrooms | $344K | $358K | +4.1% |
| 5+ Bedrooms | $470K | $476K | +1.3% |
Summary: Douglasville 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 21.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Bill Arp | $316K | $324.5K | +2.7% |
| Douglasville-Lithia Springs | $294.4K | $299.8K | +1.8% |
| Douglasville | $319.6K | $324.9K | +1.7% |
| Lithia Springs | $289.6K | $290K | 0.1% |
| Winston | $341.2K | $338.2K | -0.9% |
Housing Supply in Douglasville, GA
How many homes are available in Douglasville, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 762 | 821 | +7.7% |
Summary: The Douglasville real estate market had 821 homes for sale in June 2024, a 7.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 313 | 320 | +2.2% |
| 4 Bedrooms | 280 | 304 | +8.6% |
| 5+ Bedrooms | 156 | 178 | +14.1% |
Summary: The Douglasville 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 46.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 14.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 183 | 127 | -30.6% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglasville, expect to pay close to the asking price. 40.2% of homes here sold near the asking price last month.
Summary: A total of 127 homes were sold or pending in Douglasville in June 2024, down by 30.6% month-over-month. Of the 122 sold homes, 39% were sold under asking, 40% were sold at asking, and 21% were sold over asking.
Days on Market for Douglasville, GA
How long does it take to sell a home in Douglasville, GA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 31 Days | 34 Days | +6.5% |
Summary: Homes in Douglasville had an average of 34 days on market in Jun 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglasville are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 127 homes were sold in Douglasville; 64% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.