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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunwoody is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Dunwoody, GA cost?

Median Sold Price

$568,198

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$88,568(+18.5%)

Key Takeaway

Homes in Dunwoody have sold for 18.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $192.5K$235K
+22.1%
2 $290K$360K
+24.1%
3 $416.5K$485K
+16.4%
4 $520.3K$610K
+17.2%
5+ $650K$745K
+14.6%

Median Sold Price Compared To Nearby Cities

Doraville
+24.3%
Dunwoody
+18.5%
Peachtree Corners
+15.3%
Chamblee-Doraville
+12.9%
Sandy Springs
+11.4%

How many homes are available in Dunwoody, GA?

Number of Homes For Sale

Jul 2022Aug 2022%
218202-7.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 1411
-21.4%
2 2423
-4.2%
3 3937
-5.1%
4 8985
-4.5%
5+ 5246
-11.5%

Number of Homes Sold

Jul 2022Aug 2022%
6871+4.4%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunwoody, you could pay more than the asking price. 40.3% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
19 Days12 Days-34.8%

Breakdown of Home Sale Times

62 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Dunwoody, GA

Dunwoody, GA has 202 homes for sale to choose from. The number of listings in Dunwoody, GA decreased by 7.3% between July 2022 and August 2022. While the average time on the market in August 2022 was 12 days, the median list price was $568,198. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 22.1%, 2 bedrooms properties became 24.1% more expensive, prices of 3 bedrooms properties increased by 16.4%, the cost of 4 bedrooms properties went up by 17.2%, the cost of 5 bedrooms properties went up by 14.6%. This housing market inventory have changed: the quantity of 1 bedroom homes went down by 21.4%, number of 2 bedrooms homes decreased by 4.2%, 3 bedrooms homes inventory decreased by 5.1%, 4 bedrooms homes became 4.5% less available, volume of 5 bedrooms homes went down by 11.5%. While more than 27 listings in Dunwoody, GA in August 2022 were sold above asking price, there were more than 14 listings sold at asking price, and more than 26 were sold below.

Related Housing Market Reports