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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lilburn is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Lilburn, GA cost?

Median Sold Price

$370,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$40,000(+12.1%)

Key Takeaway

Homes in Lilburn have sold for 12.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $188.5K$235K
+24.7%
3 $274.7K$330K
+20.1%
4 $371.5K$417.5K
+12.4%
5+ $426K$570.5K
+33.9%

How many homes are available in Lilburn, GA?

Number of Homes For Sale

Nov 2022Dec 2022%
4436-18.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 10
-100.0%
3 2623
-11.5%
4 98
-11.1%
5+ 85
-37.5%

Number of Homes Sold

Nov 2022Dec 2022%
1413-7.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lilburn, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
18 Days29 Days+59.3%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lilburn 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 Lilburn, GA

Lilburn, GA has 36 homes on the market. The number of homes for sale in Lilburn, GA decreased by 18.2% between November 2022 and December 2022. While the average time on the market in December 2022 was 29 days, the median list price was $370,000. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 24.7%, prices of 3 bedrooms properties increased by 20.1%, 4 bedrooms properties prices increased by 12.4%, prices of 5 bedrooms properties went up by 33.9%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 100%, number of 3 bedrooms homes decreased by 11.5%, number of 4 bedrooms homes decreased by 11.1%, the quantity of 5 bedrooms homes went down by 37.5%. In December 2022 more than 2 listings in Lilburn, GA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below.