Is Johns Creek, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johns Creek is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Johns Creek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Johns Creek, GA

How much do homes in Johns Creek, GA cost?

Median Sold Price

$692,428

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,428(+5.7%)

Key Takeaway

Homes in Johns Creek have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Johns Creek was $692,428 in October 2024, up 5.7% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $510.2K-
N/A
2 $380K$352.5K
-7.2%
3 $454K$508.3K
+12.0%
4 $620.2K$650.2K
+4.8%
5+ $850K$940.9K
+10.7%

Summary: Johns Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 10.7%.

Median Sold Price Compared To Nearby Cities

Duluth
+14.0%
Big Creek
+11.6%
Roswell-Alpharetta
+9.8%
Johns Creek
+5.7%
Berkeley Lake
+4.4%

Housing Supply in Johns Creek, GA

How many homes are available in Johns Creek, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
325327+0.6%

Summary: The Johns Creek real estate market had 327 homes for sale in October 2024, a 0.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1411
-21.4%
3 7176
+7.0%
4 105102
-2.9%
5+ 135138
+2.2%

Summary: The Johns Creek housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 2.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
81810.0%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johns Creek, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 81 homes were sold or pending in Johns Creek in October 2024, the same as the previous month. Of the 80 sold homes, 60% were sold under asking, 16% were sold at asking, and 24% were sold over asking.

Days on Market for Johns Creek, GA

How long does it take to sell a home in Johns Creek, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days37 Days+224.8%

Summary: Homes in Johns Creek had an average of 37 days on market in Oct 2024, up by 224.8% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 81 homes were sold in Johns Creek; 49% of homes were sold within 30 days, 44% 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 1 Day Ago

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