Is Mableton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$352,710
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mableton have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Mableton was $352,710 in March 2024, up 4.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $65K | -72.9% |
| 2 Bedrooms | $206.5K | $212.5K | +2.9% |
| 3 Bedrooms | $300K | $315K | +5.0% |
| 4 Bedrooms | $432.5K | $425.3K | -1.6% |
| 5+ Bedrooms | $574.9K | $596.4K | +3.7% |
Summary: Mableton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.9%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Vinings | $489.6K | $515K | +5.2% |
| Mableton | $336.8K | $352.7K | +4.7% |
| Smyrna | $435.3K | $455.2K | +4.6% |
| Austell | $300K | $302.4K | +0.8% |
| Lithia Springs | $300K | $280K | -6.7% |
Housing Supply in Mableton, GA
How many homes are available in Mableton, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 278 | 285 | +2.5% |
Summary: The Mableton real estate market had 285 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 166 | 159 | -4.2% |
| 4 Bedrooms | 66 | 71 | +7.6% |
| 5+ Bedrooms | 35 | 40 | +14.3% |
Summary: The Mableton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 93 | 73 | -21.5% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mableton, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 73 homes were sold or pending in Mableton in March 2024, down by 21.5% month-over-month. Of the 68 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 36 Days | +19.5% |
Summary: Homes in Mableton had an average of 36 days on market in Mar 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mableton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 73 homes were sold in Mableton; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.