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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flowery Branch is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Flowery Branch, GA cost?

Median Sold Price

$385,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$78,568(+25.6%)

Key Takeaway

Homes in Flowery Branch have sold for 25.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $188.2K$222K
+17.9%
3 $268.4K$310K
+15.5%
4 $315K$390K
+23.8%
5+ $400K$490K
+22.5%

Median Sold Price Compared To Nearby Cities

Oakwood
+26.8%
Flowery Branch
+25.6%

How many homes are available in Flowery Branch, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
5661+8.9%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 23
+50.0%
3 1417
+21.4%
4 1516
+6.7%
5+ 2525
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
2119-9.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 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 could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
12 Days12 Days+2.3%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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.

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

About Flowery Branch, GA

There are 61 homes are for sale in Flowery Branch, GA real estate market. Between March 2022 and April 2022, Flowery Branch, GA real estate market has seen increase in the number of listings by 8.9%. In April 2022, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $385,000. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 17.9%, 3 bedrooms properties became 15.5% more expensive, 4 bedrooms properties became 23.8% more expensive, 5 bedrooms properties prices increased by 22.5%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 50%, the quantity of 3 bedrooms homes went up by 21.4%, number of 4 bedrooms homes increased by 6.7%, 5 bedrooms homes inventory did not change. In April 2022, from all listings sold in Flowery Branch, GA there were more than 9 sold above asking price, over 2 sold below and more than 6 were sold right at the asked price.

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