$250,000
1,212 SqFt
4 Beds
•2 Full Baths
Adam Schoonover, Listing Office: Virtual Properties Realty.com
September 2024
Report Updated 30 Days Ago
Is Forest Park-Morrow, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Forest Park-Morrow has remained a Seller's Market.
How much do homes in Forest Park-Morrow, GA cost?
$230,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Forest Park-Morrow was $230,000 in September 2024, down 0.3% from last year, and the median price per square foot was $144.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | - | N/A |
2 Bedrooms | $158K | $158K | 0.0% |
3 Bedrooms | $220.5K | $216K | -2.0% |
4 Bedrooms | $270K | $269.9K | 0% |
5+ Bedrooms | $294.6K | $310K | +5.2% |
Summary: Forest Park-Morrow housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5.2%.
Morrow | $231.3K | $235K | +1.6% |
Rex | $251.6K | $255K | +1.3% |
Forest Park-Morrow | $230.6K | $230K | -0.3% |
Forest Park | $200K | $194K | -3.0% |
How many homes are available in Forest Park-Morrow, GA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
430 | 420 | -2.3% |
Summary: The Forest Park-Morrow real estate market had 420 homes for sale in September 2024, a 2.3% decrease compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 38 | 27 | -28.9% |
3 Bedrooms | 230 | 225 | -2.2% |
4 Bedrooms | 124 | 123 | -0.8% |
5+ Bedrooms | 38 | 45 | +18.4% |
Summary: The Forest Park-Morrow housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 18.4%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
122 | 73 | -40.2% |
31 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Forest Park-Morrow in September 2024, down by 40.2% month-over-month. Of the 65 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
How long does it take to sell a home in Forest Park-Morrow, GA?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
21 Days | 32 Days | +53.4% |
Summary: Homes in Forest Park-Morrow had an average of 32 days on market in Sep 2024, up by 53.4% compared to last year.
49 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During September 2024, 73 homes were sold in Forest Park-Morrow; 67% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% 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 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 10/01/2022 - 10/01/2024
Based on information from the Georgia MLS © 2024.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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