Is Peachtree City, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Peachtree City has remained a Seller's Market.
Key Takeaway
Peachtree City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Peachtree City, GA
How much do homes in Peachtree City, GA cost?
Median Sold Price
$549,450
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Peachtree City have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Peachtree City was $549,450 in November 2023, up 12.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $366K | +33.1% |
| 3 Bedrooms | $372K | $445K | +19.6% |
| 4 Bedrooms | $527K | $560K | +6.3% |
| 5+ Bedrooms | $675K | $754.9K | +11.8% |
Summary: Peachtree City housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Cities
| Senoia | $432K | $524.9K | +21.5% |
| Peachtree City-Tyrone | $508.6K | $574.5K | +13.0% |
| Peachtree City | $487K | $549.4K | +12.8% |
| Tyrone | $512.5K | $564.9K | +10.2% |
Housing Supply in Peachtree City, GA
How many homes are available in Peachtree City, GA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 126 | 142 | +12.7% |
Summary: The Peachtree City real estate market had 142 homes for sale in November 2023, a 12.7% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 42 | 46 | +9.5% |
| 4 Bedrooms | 38 | 52 | +36.8% |
| 5+ Bedrooms | 28 | 27 | -3.6% |
Summary: The Peachtree City housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peachtree City, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Peachtree City in November 2023, up by 15.6% month-over-month. Of the 34 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Peachtree City, GA
How long does it take to sell a home in Peachtree City, GA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 20 Days | 21 Days | +4.1% |
Summary: Homes in Peachtree City had an average of 21 days on market in Nov 2023, up by 4.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Peachtree City are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 37 homes were sold in Peachtree City; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% 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.