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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Norcross is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

How much do homes in Norcross, GA cost?

Median Sold Price

$375,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$64,000(+20.6%)

Key Takeaway

Homes in Norcross have sold for 20.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 $172K$231K
+34.3%
3 $285K$341K
+19.6%
4 $390K$505K
+29.5%
5+ $607.5K$768K
+26.4%

Median Sold Price Compared To Nearby Cities

Norcross
+20.6%
Peachtree Corners
+16.5%

How many homes are available in Norcross, GA?

Number of Homes For Sale

Jun 2022Jul 2022%
5977+30.5%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 1010
0.0%
3 2939
+34.5%
4 1520
+33.3%
5+ 58
+60.0%

Number of Homes Sold

Jun 2022Jul 2022%
1517+13.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Norcross, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
7 Days12 Days+60.1%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Norcross 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.

New

245 Lake Dr, Norcross, GA 30071

245 Lake Dr, Norcross, GA 30071

$225,000
720 SqFt
2 Bedrooms
~$1,100/mo.*1 Full Bath
#7095788
Listing Office:
Keller Williams Realty Atlanta PartnersMLS logo

New

6064 Lucas St, Norcross, GA 30071

6064 Lucas St, Norcross, GA 30071

$495,000
2,128 SqFt
3 Bedrooms
~$2,350/mo.*3 Full Baths, 1 Partial
#7098031
Listing Office:
EXP Realty, LLC.MLS logo

New

300 W Peachtree St, Norcross, GA 30071

300 W Peachtree St, Norcross, GA 30071

$729,000
3,323 SqFt
3 Bedrooms
~$3,500/mo.*3 Full Baths, 1 Partial
#7097962
Listing Office:
Berkshire Hathaway HomeServices Georgia PropertiesMLS logo

Backup Offers

5278 Medlock Corners Dr, Norcross, GA 30092

5278 Medlock Corners Dr, Norcross, GA 30092

$320,000
1,660 SqFt
3 Bedrooms
~$1,550/mo.*2 Full Baths, 1 Partial
#10076815
Listing Office:
Keller Williams Rlty Atl. PartMLS logo
5820 Reps Trce, Norcross, GA 30071

5820 Reps Trce, Norcross, GA 30071

$300,000
1,428 SqFt
3 Bedrooms
~$1,450/mo.*2 Full Baths, 1 Partial
#7095507
Listing Office:
Coldwell Banker RealtyMLS logo
914 Summer Pl, Norcross, GA 30071

914 Summer Pl, Norcross, GA 30071

$267,900
1,214 SqFt
2 Bedrooms
~$1,300/mo.*2 Full Baths, 1 Partial
#10078735
Listing Office:
Virtual Properties Realty.comMLS logo
914 Summer Pl, Norcross, GA 30071

914 Summer Pl, Norcross, GA 30071

$267,900
1,214 SqFt
2 Bedrooms
~$1,300/mo.*2 Full Baths, 1 Partial
#7095251
Listing Office:
Virtual Properties Realty.comMLS logo
2903 Stanstead Cir, Norcross, GA 30071

2903 Stanstead Cir, Norcross, GA 30071

$469,997
2,200 SqFt
4 Bedrooms
~$2,250/mo.*2 Full Baths, 1 Partial
#7084986
Listing Office:
CompassMLS logo
2903 Stanstead Cir, Norcross, GA 30071

2903 Stanstead Cir, Norcross, GA 30071

$469,997
2,200 SqFt
4 Bedrooms
~$2,250/mo.*2 Full Baths, 1 Partial
#20063035
Listing Office:
CompassMLS logo
202 Sunset Hills Dr, Norcross, GA 30071

202 Sunset Hills Dr, Norcross, GA 30071

$599,000
2,699 SqFt
4 Bedrooms
~$2,850/mo.*3 Full Baths
#7094715
Listing Office:
Hale Atlanta Brokers, LLCMLS logo
2340 Beaver Ruin Rd Unit 30, Norcross, GA 30071

2340 Beaver Ruin Rd Unit 30, Norcross, GA 30071

$165,000
1,146 SqFt
2 Bedrooms
~$800/mo.*1 Full Bath, 1 Partial
#10078243
Listing Office:
Virtual Properties Realty.comMLS logo

Backup Offers

5278 Medlock Corners Dr, Norcross, GA 30092

5278 Medlock Corners Dr, Norcross, GA 30092

$320,000
1,636 SqFt
3 Bedrooms
~$1,550/mo.*2 Full Baths, 1 Partial
#7092539
Listing Office:
Keller Williams Realty Atlanta PartnersMLS logo

About Norcross, GA

Norcross, GA has 77 homes on the market. The number of homes for sale in Norcross, GA increased by 30.5% between June 2022 and July 2022. In July 2022 median list price was $375,000 and the average listing age was 12 days. Real estate listing prices changed between June 2022 and July 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 34.3%, 3 bedrooms properties became 19.6% more expensive, 4 bedrooms properties prices increased by 29.5%, 5 bedrooms properties prices increased by 26.4%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory increased by 34.5%, 4 bedrooms homes inventory increased by 33.3%, volume of 5 bedrooms homes went up by 60%. Norcross, GA housing market in July 2022 saw over 10 listings sold above listed price, more than 6 sold at listed price and over 1 sold below.

MLS Disclaimers and Copyright

Based on information from First Multiple Listing Service Inc., and Georgia MLS for the period 08/01/2020 - 08/01/2022

IDX 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. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2022 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/15/2022, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2022.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/15/2022, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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