$4,749 Closing Credit*
$399,900
1,174 SqFt
4 Beds
•3 Full Baths
Mohammad Zakir Sikder, Listing Office: Chapman Hall Professionals
Is Norcross, 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, 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.
Housing Prices in Norcross, GA
How much do homes in Norcross, GA cost?
Median Sold Price
$338,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$8,500(+2.6%)
Key Takeaway
Homes in Norcross have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Norcross was $338,500 in August 2024, up 2.6% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $241.2K | $168K | -30.4% |
| 2 Bedrooms | $233.5K | $241K | +3.2% |
| 3 Bedrooms | $324.2K | $340.9K | +5.1% |
| 4 Bedrooms | $380K | $390K | +2.6% |
| 5+ Bedrooms | $418.5K | $430K | +2.7% |
Summary: Norcross housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Peachtree Corners | $506.6K | $545K | +7.6% |
| Norcross | $330K | $338.5K | +2.6% |
Housing Supply in Norcross, GA
How many homes are available in Norcross, GA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 171 | 181 | +5.8% |
Summary: The Norcross real estate market had 181 homes for sale in August 2024, a 5.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 35 | 36 | +2.9% |
| 3 Bedrooms | 74 | 78 | +5.4% |
| 4 Bedrooms | 42 | 37 | -11.9% |
| 5+ Bedrooms | 19 | 29 | +52.6% |
Summary: The Norcross housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 52.6%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 49 | 48 | -2.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Norcross, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Norcross in August 2024, down by 2.0% month-over-month. Of the 45 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Norcross, GA
How long does it take to sell a home in Norcross, GA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 28 Days | 18 Days | -35.0% |
Summary: Homes in Norcross had an average of 18 days on market in Aug 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Norcross are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 48 homes were sold in Norcross; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information 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. Information deemed reliable but not guaranteed.