Is North Buckhead, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, North Buckhead was a Seller's Market.
Key Takeaway
North Buckhead is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Buckhead, GA
How much do homes in North Buckhead, GA cost?
Median Sold Price
$484,833
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in North Buckhead have sold for 19.7% less than they did a year ago.
Summary: The median home sold price in North Buckhead was $484,833 in March 2024, down 19.7% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295.1K | $298.5K | +1.2% |
| 2 Bedrooms | $460K | $488K | +6.1% |
| 3 Bedrooms | $728.2K | $480K | -34.1% |
| 4 Bedrooms | $896K | $1.1M | +27.0% |
| 5+ Bedrooms | $1.5M | $1.7M | +12.9% |
Summary: North Buckhead housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 34.1%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in North Buckhead, GA
How many homes are available in North Buckhead, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 124 | 138 | +11.3% |
Summary: The North Buckhead real estate market had 138 homes for sale in March 2024, a 11.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 20 | +11.1% |
| 2 Bedrooms | 39 | 39 | 0.0% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 30 | 35 | +16.7% |
Summary: The North Buckhead housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 22 | +37.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Buckhead, you may be able to get a good deal. 89.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in North Buckhead in March 2024, up by 37.5% month-over-month. Of the 19 sold homes, 89% were sold under asking, 5% were sold at asking, and 5% were sold over asking.
Days on Market for North Buckhead, GA
How long does it take to sell a home in North Buckhead, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 48 Days | +39.3% |
Summary: Homes in North Buckhead had an average of 48 days on market in Mar 2024, up by 39.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Buckhead are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in North Buckhead; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% 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.