$4,511 Closing Credit*
$379,900
1,370 SqFt
3 Beds
•2 Full Baths, 1 Partial
Suada Nisic, Listing Office: Century 21 Results
Is Milton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
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.
Housing Prices in Milton, GA
How much do homes in Milton, GA cost?
Median Sold Price
$947,133
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$125,133(+15.2%)
Key Takeaway
Homes in Milton have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Milton was $947,133 in August 2024, up 15.2% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.5K | $245K | -4.9% |
| 2 Bedrooms | $377K | $402K | +6.6% |
| 3 Bedrooms | $475K | $500K | +5.3% |
| 4 Bedrooms | $760K | $840K | +10.5% |
| 5+ Bedrooms | $1.2M | $1.3M | +10.0% |
Summary: Milton housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Milton | $822K | $947.1K | +15.2% |
| Big Creek | $650K | $739.9K | +13.8% |
| Alpharetta | $670.1K | $747.5K | +11.6% |
| Roswell-Alpharetta | $636.3K | $706.7K | +11.1% |
| Roswell | $590.9K | $649.6K | +9.9% |
Housing Supply in Milton, GA
How many homes are available in Milton, GA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 310 | 314 | +1.3% |
Summary: The Milton real estate market had 314 homes for sale in August 2024, a 1.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 20 | 25 | +25.0% |
| 3 Bedrooms | 57 | 52 | -8.8% |
| 4 Bedrooms | 57 | 51 | -10.5% |
| 5+ Bedrooms | 173 | 182 | +5.2% |
Summary: The Milton housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 5.2%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 78 | 58 | -25.6% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milton, you may be able to get a good deal. 76.4% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Milton in August 2024, down by 25.6% month-over-month. Of the 55 sold homes, 76% were sold under asking, 20% were sold at asking, and 4% were sold over asking.
Days on Market for Milton, GA
How long does it take to sell a home in Milton, GA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 20 Days | 32 Days | +57.8% |
Summary: Homes in Milton had an average of 32 days on market in Aug 2024, up by 57.8% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Milton are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 58 homes were sold in Milton; 57% of homes were sold within 30 days, 36% 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.