Is Marietta, 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, 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
$456,995
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Marietta have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Marietta was $456,995 in March 2024, up 7.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.5K | $214.8K | +7.7% |
| 2 Bedrooms | $250K | $262K | +4.8% |
| 3 Bedrooms | $374.7K | $389.6K | +4.0% |
| 4 Bedrooms | $499.9K | $519.2K | +3.8% |
| 5+ Bedrooms | $712.5K | $775.1K | +8.8% |
Summary: Marietta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Cities
| Marietta | $425K | $456.9K | +7.5% |
| Northeast Cobb | $511.7K | $550K | +7.5% |
| Kennesaw | $380K | $400.1K | +5.3% |
| Smyrna | $435.3K | $455.2K | +4.6% |
| Fair Oaks | $314.9K | $318.2K | +1.0% |
Housing Supply in Marietta, GA
How many homes are available in Marietta, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,190 | 1,300 | +9.2% |
Summary: The Marietta real estate market had 1,300 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 150 | 167 | +11.3% |
| 3 Bedrooms | 411 | 419 | +1.9% |
| 4 Bedrooms | 364 | 409 | +12.4% |
| 5+ Bedrooms | 260 | 296 | +13.8% |
Summary: The Marietta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 331 | 328 | -0.9% |
Asking Price vs. Sold Price
117 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
125 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marietta, you could pay more than the asking price. 39.6% of homes here sold above asking price last month.
Summary: A total of 328 homes were sold or pending in Marietta in March 2024, down by 0.9% month-over-month. Of the 316 sold homes, 37% were sold under asking, 23% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 24 Days | -25.6% |
Summary: Homes in Marietta had an average of 24 days on market in Mar 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
252 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
22 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 March 2024, 328 homes were sold in Marietta; 77% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 7% 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.