Is Douglasville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$324,119
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Douglasville have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Douglasville was $324,119 in March 2024, up 1.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229.5K | - | N/A |
| 2 Bedrooms | $165K | $187.5K | +13.6% |
| 3 Bedrooms | $270.5K | $275K | +1.6% |
| 4 Bedrooms | $340K | $350K | +2.9% |
| 5+ Bedrooms | $489.9K | $470K | -4.1% |
Summary: Douglasville 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 13.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Bill Arp | $317.2K | $323K | +1.8% |
| Douglasville | $319.8K | $324.1K | +1.3% |
| Douglasville-Lithia Springs | $299.9K | $295.6K | -1.5% |
| Winston | $355K | $347.2K | -2.2% |
| Lithia Springs | $300K | $280K | -6.7% |
Housing Supply in Douglasville, GA
How many homes are available in Douglasville, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 639 | 720 | +12.7% |
Summary: The Douglasville real estate market had 720 homes for sale in March 2024, a 12.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 265 | 281 | +6.0% |
| 4 Bedrooms | 213 | 287 | +34.7% |
| 5+ Bedrooms | 148 | 142 | -4.1% |
Summary: The Douglasville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 34.7%, and 5+ bedroom homes decreased by 4.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 150 | 116 | -22.7% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglasville, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 116 homes were sold or pending in Douglasville in March 2024, down by 22.7% month-over-month. Of the 110 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 43 Days | +6.5% |
Summary: Homes in Douglasville had an average of 43 days on market in Mar 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
15 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 March 2024, 116 homes were sold in Douglasville; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% 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.