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 December 2021

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.

How much do homes in Johns Creek, GA cost?

Median Sold Price

$623,060

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$97,685(+18.6%)

Key Takeaway

Homes in Johns Creek have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $417.7K$462.4K
+10.7%
2 $276.1K$334.5K
+21.1%
3 $380K$453K
+19.2%
4 $482.2K$580.5K
+20.4%
5+ $679.2K$825K
+21.5%

Median Sold Price Compared To Nearby Cities

Big Creek
+19.0%
Johns Creek
+18.6%
Duluth
+17.2%
Roswell-Alpharetta
+17.0%

How many homes are available in Johns Creek, GA?

Number of Homes For Sale

Nov 2022Dec 2022%
272247-9.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 23
+50.0%
2 1311
-15.4%
3 7670
-7.9%
4 7770
-9.1%
5+ 10493
-10.6%

Number of Homes Sold

Nov 2022Dec 2022%
6465+1.6%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

11 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. 48.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
25 Days27 Days+5.9%

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

3 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Johns Creek, GA

Johns Creek, GA has 247 homes on the market. Between November 2022 and December 2022, Johns Creek, GA real estate market has seen decrease in the number of listings by 9.2%. In December 2022 median list price was $623,060 and the average listing age was 27 days. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 10.7% more expensive, 2 bedrooms properties prices increased by 21.1%, 3 bedrooms properties prices increased by 19.2%, 4 bedrooms properties became 20.4% more expensive, prices of 5 bedrooms properties increased by 21.5%. Housing inventory have changed in this real estate market: 1 bedroom homes became 50% more available, number of 2 bedrooms homes decreased by 15.4%, 3 bedrooms homes inventory decreased by 7.9%, 4 bedrooms homes became 9.1% less available, number of 5 bedrooms homes decreased by 10.6%. In December 2022, from all listings sold in Johns Creek, GA there were more than 19 sold above asking price, over 28 sold below and more than 11 were sold right at the asked price.

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