Is Flowery Branch, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Flowery Branch is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Flowery Branch, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

The sold price of homes in Flowery Branch has remained the same since last year.

Summary: The median home sold price in Flowery Branch was $428,000 in August 2023, up 0.1% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
2 $268.5K$300K
3 $343K$375K
4 $430K$456.2K
5+ $520K$615K

Summary: Flowery Branch housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 18.3%.

Median Sold Price Compared To Nearby Cities

Flowery Branch

Housing Supply

How many homes are available in Flowery Branch, GA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Flowery Branch real estate market had 263 homes for sale in August 2023, a 4.8% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 01
2 1311
3 8393
4 8497
5+ 7161

Summary: The Flowery Branch housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 14.1%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flowery Branch, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in Flowery Branch in August 2023, down by 21.7% month-over-month. Of the 50 sold homes, 56% were sold under asking, 26% were sold at asking, and 18% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
19 Days27 Days+38.0%

Summary: Homes in Flowery Branch had an average of 27 days on market in Aug 2023, up by 38% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 54 homes were sold in Flowery Branch; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% 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 27 Days Ago

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