Is Kennesaw, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kennesaw is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Kennesaw, GA cost?

Median Sold Price

$309,587

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$52,587(+20.5%)

Key Takeaway

Homes in Kennesaw have sold for 20.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $185.9K$241.5K
+29.9%
3 $245K$300K
+22.4%
4 $300K$363.7K
+21.3%
5+ $360K$451.5K
+25.4%

Median Sold Price Compared To Nearby Cities

Acworth
+32.7%
Kennesaw
+20.5%
Acworth-Kennesaw
+19.0%
Marietta
+13.4%

How many homes are available in Kennesaw, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
122125+2.5%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 2221
-4.5%
3 6563
-3.1%
4 2429
+20.8%
5+ 1112
+9.1%

Number of Homes Sold

Mar 2022Apr 2022%
3850+31.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kennesaw, you could pay more than the asking price. 69.4% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
8 Days10 Days+23.4%

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kennesaw 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 Kennesaw, GA

Kennesaw, GA has 125 homes on the market. The number of homes for sale in Kennesaw, GA increased by 2.5% between March 2022 and April 2022. The median list price of listings available in April 2022 was $309,587, while the average time on the real estate market was 10 days. This housing market listing prices have changed between March 2022 and April 2022: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 29.9%, 3 bedrooms properties prices increased by 22.4%, prices of 4 bedrooms properties increased by 21.3%, prices of 5 bedrooms properties went up by 25.4%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 4.5% less available, 3 bedrooms homes became 3.1% less available, 4 bedrooms homes became 20.8% more available, 5 bedrooms homes inventory increased by 9.1%. In April 2022 more than 34 listings in Kennesaw, GA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 12 were sold below.

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