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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mableton is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Mableton, GA

How much do homes in Mableton, GA cost?

Median Sold Price

$365,330

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$30,395(+9.1%)

Key Takeaway

Homes in Mableton have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Mableton was $365,330 in June 2024, up 9.1% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $65K-
N/A
2 $211K$210K
-0.5%
3 $300K$315K
+5.0%
4 $431.4K$440K
+2.0%
5+ $560K$636.5K
+13.7%

Summary: Mableton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Cities

Vinings
+11.1%
Mableton
+9.1%
Smyrna
+7.1%
Austell
+1.4%
Lithia Springs
0.1%

Housing Supply in Mableton, GA

How many homes are available in Mableton, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
313356+13.7%

Summary: The Mableton real estate market had 356 homes for sale in June 2024, a 13.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 23
+50.0%
2 1618
+12.5%
3 160173
+8.1%
4 7998
+24.1%
5+ 5664
+14.3%

Summary: The Mableton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7184+18.3%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

19 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 84 homes were sold or pending in Mableton in June 2024, up by 18.3% month-over-month. Of the 77 sold homes, 48% were sold under asking, 27% were sold at asking, and 25% 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

Jun 2023Jun 2024CHANGE
19 Days30 Days+60.3%

Summary: Homes in Mableton had an average of 30 days on market in Jun 2024, up by 60.3% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

5 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 June 2024, 84 homes were sold in Mableton; 62% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 6% 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 24 Days Ago

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