Is Peachtree City, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree City is a seller's market

Buyer's
Market

Difference Since May 2021

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.

How much do homes in Peachtree City, GA cost?

Median Sold Price

$441,857

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$59,728(+15.6%)

Key Takeaway

Homes in Peachtree City have sold for 15.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $150.7K-
N/A
2 $251.6K$262.5K
+4.3%
3 $292.6K$360K
+23.0%
4 $409.9K$459.3K
+12.1%
5+ $553K$650K
+17.5%

Median Sold Price Compared To Nearby Cities

Senoia
+19.4%
Peachtree City
+15.6%
Tyrone
+12.5%
Peachtree City-Tyrone
+11.0%

How many homes are available in Peachtree City, GA?

Number of Homes For Sale

Apr 2022May 2022%
135145+7.4%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 117
-36.4%
3 4345
+4.7%
4 4753
+12.8%
5+ 3440
+17.6%

Number of Homes Sold

Apr 2022May 2022%
4551+13.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree City, you could pay more than the asking price. 72.9% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
15 Days9 Days-39.2%

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Peachtree City are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Peachtree City, GA

Number of homes for sale in Peachtree City, GA real estate market have reached 145. Between April 2022 and May 2022, Peachtree City, GA real estate market has seen increase in the number of listings by 7.4%. In May 2022, listings were on the market for 9 days. During the same period, the median list price in this real estate market was $441,857. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 4.3%, 3 bedrooms properties prices increased by 23%, prices of 4 bedrooms properties increased by 12.1%, 5 bedrooms properties prices increased by 17.5%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes decreased by 36.4%, volume of 3 bedrooms homes went up by 4.7%, 4 bedrooms homes became 12.8% more available, volume of 5 bedrooms homes went up by 17.6%. Peachtree City, GA housing market in May 2022 saw over 35 listings sold above listed price, more than 4 sold at listed price and over 9 sold below.

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