Is Marietta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$457,530
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Marietta have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Marietta was $457,530 in April 2024, up 6.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.5K | $215K | +7.8% |
| 2 Bedrooms | $250.5K | $265K | +5.8% |
| 3 Bedrooms | $374.7K | $389.9K | +4.1% |
| 4 Bedrooms | $499.9K | $519.9K | +4.0% |
| 5+ Bedrooms | $723.3K | $784.5K | +8.5% |
Summary: Marietta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Marietta | $429.5K | $457.5K | +6.5% |
| Northeast Cobb | $516.4K | $550K | +6.5% |
| Smyrna | $437.2K | $459.9K | +5.2% |
| Fair Oaks | $310K | $325K | +4.8% |
| Kennesaw | $381.9K | $400K | +4.7% |
Housing Supply in Marietta, GA
How many homes are available in Marietta, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,282 | 1,492 | +16.4% |
Summary: The Marietta real estate market had 1,492 homes for sale in April 2024, a 16.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 153 | 166 | +8.5% |
| 3 Bedrooms | 421 | 458 | +8.8% |
| 4 Bedrooms | 402 | 494 | +22.9% |
| 5+ Bedrooms | 297 | 364 | +22.6% |
Summary: The Marietta housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 22.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 375 | 362 | -3.5% |
Asking Price vs. Sold Price
134 Homes Were Sold
Under Asking
79 Homes Were Sold
At Asking
142 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marietta, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 362 homes were sold or pending in Marietta in April 2024, down by 3.5% month-over-month. Of the 355 sold homes, 38% were sold under asking, 22% were sold at asking, and 40% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 21 Days | -7.3% |
Summary: Homes in Marietta had an average of 21 days on market in Apr 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
287 Homes Were Sold
Under 30 Days
55 Homes Were Sold
In 30 - 90 Days
20 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 April 2024, 362 homes were sold in Marietta; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% 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.