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 2020

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

$330,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$90,000(+37.5%)

Key Takeaway

Homes in Lilburn have sold for 37.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $152.5K$188.5K
+23.6%
3 $203K$272.2K
+34.1%
4 $273K$370.7K
+35.8%
5+ $363K$439.4K
+21.1%

How many homes are available in Lilburn, GA?

Number of Homes For Sale

Nov 2021Dec 2021%
3733-10.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 42
-50.0%
3 1514
-6.7%
4 1011
+10.0%
5+ 86
-25.0%

Number of Homes Sold

Nov 2021Dec 2021%
1617+6.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lilburn, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
9 Days16 Days+77.7%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 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.

About Lilburn, GA

Homes for sale in Lilburn, GA have reached 33. The number of listings in Lilburn, GA decreased by 10.8% between November 2021 and December 2021. While the average time on the market in December 2021 was 16 days, the median list price was $330,000. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 23.6%, prices of 3 bedrooms properties went up by 34.1%, the cost of 4 bedrooms properties went up by 35.8%, 5 bedrooms properties became 21.1% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 50%, 3 bedrooms homes inventory decreased by 6.7%, the quantity of 4 bedrooms homes went up by 10%, 5 bedrooms homes inventory decreased by 25%. While more than 8 listings in Lilburn, GA in December 2021 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below.