Is Marietta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Marietta was a Buyer's Market.
Key Takeaway
Marietta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marietta, GA
How much do homes in Marietta, GA cost?
Median Sold Price
$451,265
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Marietta have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Marietta was $451,265 in November 2023, up 8.6% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.5K | $212.3K | +12.1% |
| 2 Bedrooms | $240K | $259.9K | +8.3% |
| 3 Bedrooms | $390.2K | $383.6K | -1.7% |
| 4 Bedrooms | $510K | $509.9K | 0% |
| 5+ Bedrooms | $685K | $767.5K | +12.0% |
Summary: Marietta housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
| Kennesaw | $347.3K | $399.9K | +15.2% |
| Marietta | $415.4K | $451.2K | +8.6% |
| Northeast Cobb | $503.7K | $532.3K | +5.7% |
| Smyrna | $434.6K | $440.2K | +1.3% |
| Fair Oaks | $314K | $307.3K | -2.2% |
Housing Supply in Marietta, GA
How many homes are available in Marietta, GA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 1,138 | 1,133 | -0.4% |
Summary: The Marietta real estate market had 1,133 homes for sale in November 2023, a 0.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 11 | -15.4% |
| 2 Bedrooms | 109 | 124 | +13.8% |
| 3 Bedrooms | 378 | 388 | +2.6% |
| 4 Bedrooms | 389 | 360 | -7.5% |
| 5+ Bedrooms | 249 | 250 | 0.4% |
Summary: The Marietta housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 0.4%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 313 | 251 | -19.8% |
Asking Price vs. Sold Price
118 Homes Were Sold
Under Asking
63 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marietta, you may be able to get a good deal. 50.2% of homes here sold below asking price last month.
Summary: A total of 251 homes were sold or pending in Marietta in November 2023, down by 19.8% month-over-month. Of the 235 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for Marietta, GA
How long does it take to sell a home in Marietta, GA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 43 Days | 25 Days | -41.6% |
Summary: Homes in Marietta had an average of 25 days on market in Nov 2023, down by 41.6% compared to last year.
Breakdown of Home Sale Times
180 Homes Were Sold
Under 30 Days
57 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marietta are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 251 homes were sold in Marietta; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% 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.