Is Forsyth County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forsyth County is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Forsyth County, GA

How much do homes in Forsyth County, GA cost?

Median Sold Price

$585,400

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$40,452(+7.4%)

Key Takeaway

Homes in Forsyth County have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Forsyth County was $585,400 in June 2024, up 7.4% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $527.5K$224K
-57.5%
2 $327K$350K
+7.0%
3 $420K$461.4K
+9.9%
4 $546.2K$594.4K
+8.8%
5+ $694.5K$757.7K
+9.1%

Summary: Forsyth County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.5%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Counties

Fulton County
+7.8%
Forsyth County
+7.4%
Gwinnett County
+5.6%
Dawson County
+4.5%
Hall County
+3.9%

Housing Supply in Forsyth County, GA

How many homes are available in Forsyth County, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1,1401,232+8.1%

Summary: The Forsyth County real estate market had 1,232 homes for sale in June 2024, a 8.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 35
+66.7%
2 6060
0.0%
3 276307
+11.2%
4 377392
+4.0%
5+ 424468
+10.4%

Summary: The Forsyth County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 10.4%.

Number of Homes Sold

May 2024Jun 2024CHANGE
309251-18.8%

Asking Price vs. Sold Price

117 Homes Were Sold
Under Asking

58 Homes Were Sold
At Asking

68 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forsyth County, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

Summary: A total of 251 homes were sold or pending in Forsyth County in June 2024, down by 18.8% month-over-month. Of the 243 sold homes, 48% were sold under asking, 24% were sold at asking, and 28% were sold over asking.

Days on Market for Forsyth County, GA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
17 Days21 Days+25.6%

Summary: Homes in Forsyth County had an average of 21 days on market in Jun 2024, up by 25.6% compared to last year.

Breakdown of Home Sale Times

181 Homes Were Sold
Under 30 Days

63 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 251 homes were sold in Forsyth County; 72% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 3% 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 12 Days Ago

Newest Listings in Forsyth County, GA

Nearby Markets to Forsyth County, GA

What housing markets are near Forsyth County, GA?