Is Grant Park, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant Park is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Grant Park, GA

How much do homes in Grant Park, GA cost?

Median Sold Price

$549,900

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$16,100(-2.8%)

Key Takeaway

Homes in Grant Park have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Grant Park was $549,900 in March 2024, down 2.8% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $289K$269.7K
-6.7%
2 $475K$515K
+8.4%
3 $615K$600K
-2.4%
4 $825K$899K
+9.0%
5+ $1.0M$923K
-12.9%

Summary: Grant Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 12.9%.

Median Sold Price Compared To Nearby Neighborhoods

The Enclave at Grant Park
+46.4%
Grant Park
-2.8%

Housing Supply in Grant Park, GA

How many homes are available in Grant Park, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5976+28.8%

Summary: The Grant Park real estate market had 76 homes for sale in March 2024, a 28.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 1927
+42.1%
3 2226
+18.2%
4 1517
+13.3%
5+ 26
+200.0%

Summary: The Grant Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 42.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1514-6.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant Park, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Grant Park in March 2024, down by 6.7% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.

Days on Market for Grant Park, GA

How long does it take to sell a home in Grant Park, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
6 Days9 Days+42.8%

Summary: Homes in Grant Park had an average of 9 days on market in Mar 2024, up by 42.8% compared to last year.

Breakdown of Home Sale Times

12 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 Grant Park are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 14 homes were sold in Grant Park; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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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