Is North Rockdale, 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 Rockdale was a Seller's Market.
Key Takeaway
North Rockdale 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 Rockdale, GA
How much do homes in North Rockdale, GA cost?
Median Sold Price
$342,450
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in North Rockdale have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in North Rockdale was $342,450 in March 2024, up 4.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $230K | +15.0% |
| 3 Bedrooms | $280K | $255K | -8.9% |
| 4 Bedrooms | $378K | $380.6K | +0.7% |
| 5+ Bedrooms | $470K | $419.9K | -10.7% |
Summary: North Rockdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Conyers | $270.2K | $303.6K | +12.4% |
| North Rockdale | $327.5K | $342.4K | +4.6% |
| Snellville-Grayson | $383.4K | $387.5K | +1.1% |
| Covington-Porterdale | $300K | $300K | 0% |
Housing Supply in North Rockdale, GA
How many homes are available in North Rockdale, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 76 | +4.1% |
Summary: The North Rockdale real estate market had 76 homes for sale in March 2024, a 4.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 27 | 27 | 0.0% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The North Rockdale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 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. 36.4% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in North Rockdale in March 2024, up by 44.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for North Rockdale, GA
How long does it take to sell a home in North Rockdale, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 46 Days | -24.2% |
Summary: Homes in North Rockdale had an average of 46 days on market in Mar 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Rockdale has remained consistent over time.
Summary: During March 2024, 13 homes were sold in North Rockdale; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% 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.