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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mableton is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Mableton was a Seller's Market.

Key Takeaway

Mableton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mableton, GA

How much do homes in Mableton, GA cost?

Median Sold Price

$373,308

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$37,821(+11.3%)

Key Takeaway

Homes in Mableton have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Mableton was $373,308 in September 2024, up 11.3% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $65K-
N/A
2 $210K$210K
0.0%
3 $300K$325K
+8.3%
4 $429K$443.6K
+3.4%
5+ $560K$605K
+8.0%

Summary: Mableton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

Mableton
+11.3%
Smyrna
+6.5%
Vinings
+6.3%
Lithia Springs
+4.9%
Austell
+1.7%

Housing Supply in Mableton, GA

How many homes are available in Mableton, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
326365+12.0%

Summary: The Mableton real estate market had 365 homes for sale in September 2024, a 12.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 1721
+23.5%
3 162188
+16.0%
4 9497
+3.2%
5+ 5056
+12.0%

Summary: The Mableton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 12%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
6054-10.0%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mableton, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in Mableton in September 2024, down by 10.0% month-over-month. Of the 52 sold homes, 48% were sold under asking, 40% were sold at asking, and 12% were sold over asking.

Days on Market for Mableton, GA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
15 Days34 Days+113.5%

Summary: Homes in Mableton had an average of 34 days on market in Sep 2024, up by 113.5% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 54 homes were sold in Mableton; 52% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 4% 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 22 Days Ago

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