Is Duluth, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Duluth is a seller's market


Difference Since February 2023

Since last year, Duluth has remained a Seller's Market.

Key Takeaway

Duluth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Duluth, GA

How much do homes in Duluth, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Duluth have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Duluth was $475,366 in February 2024, up 10.1% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $214K$302.5K
2 $275.2K$286.2K
3 $361.5K$389.1K
4 $490K$525K
5+ $715K$897K

Summary: Duluth housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.4%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 25.5%.

Median Sold Price Compared To Nearby Cities

Johns Creek
Berkeley Lake

Housing Supply in Duluth, GA

How many homes are available in Duluth, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Duluth real estate market had 232 homes for sale in February 2024, a 6.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
2 1011
3 8267
4 5471
5+ 7283

Summary: The Duluth housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 15.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duluth, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Duluth in February 2024, down by 20.5% month-over-month. Of the 54 sold homes, 46% were sold under asking, 22% were sold at asking, and 31% were sold over asking.

Days on Market for Duluth, GA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
51 Days31 Days-38.6%

Summary: Homes in Duluth had an average of 31 days on market in Feb 2024, down by 38.6% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 58 homes were sold in Duluth; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 14% 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 1 Day Ago

Newest Listings in Duluth, GA

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