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

Housing Market Conditions



Gauge showing Gwinnett County is a seller's market


Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Gwinnett County, GA

How much do homes in Gwinnett County, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Gwinnett County have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Gwinnett County was $409,507 in November 2023, up 0.9% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $163K$191K
2 $251K$272K
3 $345.1K$352K
4 $419.9K$424.7K
5+ $563K$570.1K

Summary: Gwinnett County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Counties

Barrow County
Forsyth County
Walton County
Gwinnett County
DeKalb County

Housing Supply in Gwinnett County, GA

How many homes are available in Gwinnett County, GA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Gwinnett County real estate market had 2,923 homes for sale in November 2023, a 6.0% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 95
2 145153
3 981913
4 1,1151,057
5+ 858795

Summary: The Gwinnett County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 7.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

305 Homes Were Sold
Under Asking

147 Homes Were Sold
At Asking

155 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gwinnett County, you may be able to get a good deal. 50.2% of homes here sold below asking price last month.

Summary: A total of 675 homes were sold or pending in Gwinnett County in November 2023, down by 21.3% month-over-month. Of the 607 sold homes, 50% were sold under asking, 24% were sold at asking, and 26% were sold over asking.

Days on Market for Gwinnett County, GA

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

Average Sale Time

Nov 2022Nov 2023CHANGE
34 Days29 Days-14.6%

Summary: Homes in Gwinnett County had an average of 29 days on market in Nov 2023, down by 14.6% compared to last year.

Breakdown of Home Sale Times

446 Homes Were Sold
Under 30 Days

187 Homes Were Sold
In 30 - 90 Days

42 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 675 homes were sold in Gwinnett County; 66% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% 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 9 Days Ago

Newest Listings in Gwinnett County, GA

Nearby Markets to Gwinnett County, GA

What housing markets are near Gwinnett County, GA?