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.
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
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
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
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.