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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milton is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Milton has remained a Seller's Market.

Key Takeaway

Milton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Milton, GA cost?

Median Sold Price

$765,904

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$120,466(+18.7%)

Key Takeaway

Homes in Milton have sold for 18.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $166K$248K
+49.4%
2 $248K$305K
+23.0%
3 $328.7K$392.7K
+19.5%
4 $525K$660K
+25.7%
5+ $831.7K$1.0M
+29.6%

Median Sold Price Compared To Nearby Cities

Big Creek
+28.9%
Alpharetta
+21.7%
Milton
+18.7%
Roswell-Alpharetta
+17.4%
Roswell
+12.8%

How many homes are available in Milton, GA?

Number of Homes For Sale

Apr 2022May 2022%
263315+19.8%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 12
+100.0%
2 1918
-5.3%
3 5062
+24.0%
4 4658
+26.1%
5+ 147175
+19.0%

Number of Homes Sold

Apr 2022May 2022%
75110+46.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

86 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milton, you could pay more than the asking price. 79.6% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
26 Days22 Days-15.0%

Breakdown of Home Sale Times

101 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Milton, GA

Number of homes for sale in Milton, GA real estate market have reached 315. Between April 2022 and May 2022, Milton, GA real estate market has seen increase in the number of listings by 19.8%. The median list price of listings available in May 2022 was $765,904, while the average time on the real estate market was 22 days. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 49.4%, 2 bedrooms properties became 23% more expensive, prices of 3 bedrooms properties increased by 19.5%, 4 bedrooms properties became 25.7% more expensive, the cost of 5 bedrooms properties went up by 29.6%. Volume of homes for sale changed: number of 1 bedroom homes increased by 100%, number of 2 bedrooms homes decreased by 5.3%, 3 bedrooms homes inventory increased by 24%, volume of 4 bedrooms homes went up by 26.1%, number of 5 bedrooms homes increased by 19%. In May 2022, from all listings sold in Milton, GA there were more than 86 sold above asking price, over 10 sold below and more than 12 were sold right at the asked price.

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