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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marietta is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Marietta has remained a Seller'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

$474,184

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,436(+5.4%)

Key Takeaway

Homes in Marietta have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Marietta was $474,184 in October 2024, up 5.4% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$210K
0.0%
2 $256.8K$269.5K
+4.9%
3 $379.9K$395.6K
+4.1%
4 $505K$530K
+5.0%
5+ $750.7K$824.9K
+9.9%

Summary: Marietta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Cities

Fair Oaks
+8.9%
Northeast Cobb
+8.4%
Smyrna
+7.4%
Marietta
+5.4%
Kennesaw
0%

Housing Supply in Marietta, GA

How many homes are available in Marietta, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,4331,574+9.8%

Summary: The Marietta real estate market had 1,574 homes for sale in October 2024, a 9.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1619
+18.8%
2 135161
+19.3%
3 498549
+10.2%
4 476509
+6.9%
5+ 308336
+9.1%

Summary: The Marietta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
338303-10.4%

Asking Price vs. Sold Price

164 Homes Were Sold
Under Asking

78 Homes Were Sold
At Asking

48 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marietta, you may be able to get a good deal. 56.6% of homes here sold below asking price last month.

Summary: A total of 303 homes were sold or pending in Marietta in October 2024, down by 10.4% month-over-month. Of the 290 sold homes, 57% were sold under asking, 27% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
23 Days39 Days+66.4%

Summary: Homes in Marietta had an average of 39 days on market in Oct 2024, up by 66.4% compared to last year.

Breakdown of Home Sale Times

147 Homes Were Sold
Under 30 Days

126 Homes Were Sold
In 30 - 90 Days

30 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 303 homes were sold in Marietta; 49% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 10% 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 4 Days Ago

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