Is North Rockdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, North Rockdale has remained a Seller's Market.
Key Takeaway
North Rockdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in North Rockdale, GA cost?
Median Sold Price
$299,950
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in North Rockdale have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in North Rockdale was $299,950 in August 2023, up 6.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $129K | -35.5% |
| 3 Bedrooms | $241K | $256K | +6.2% |
| 4 Bedrooms | $329.9K | $355.8K | +7.9% |
| 5+ Bedrooms | $492.1K | $470K | -4.5% |
Summary: North Rockdale housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.5%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Conyers | $229.9K | $286.2K | +24.5% |
| North Rockdale | $282K | $299.9K | +6.4% |
| Covington-Porterdale | $281.2K | $295K | +4.9% |
| Snellville-Grayson | $375K | $379K | +1.1% |
Housing Supply
How many homes are available in North Rockdale, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 74 | 94 | +27.0% |
Summary: The North Rockdale real estate market had 94 homes for sale in August 2023, a 27.0% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 21 | 29 | +38.1% |
| 4 Bedrooms | 27 | 33 | +22.2% |
| 5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The North Rockdale housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 38.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 9 | 19 | +111.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Rockdale, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in North Rockdale in August 2023, up by 111.1% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market
How long does it take to sell a home in North Rockdale, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 81 Days | 25 Days | -68.8% |
Summary: Homes in North Rockdale had an average of 25 days on market in Aug 2023, down by 68.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Rockdale are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 19 homes were sold in North Rockdale; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% 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.