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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree City-Tyrone is a seller's market

Buyer's
Market

Difference Since November 2022

Since last year, Peachtree City-Tyrone has remained a Seller's Market.

Key Takeaway

Peachtree City-Tyrone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Peachtree City-Tyrone, GA

How much do homes in Peachtree City-Tyrone, GA cost?

Median Sold Price

$574,583

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$65,909(+13.0%)

Key Takeaway

Homes in Peachtree City-Tyrone have sold for 13% more than they did a year ago.

Summary: The median home sold price in Peachtree City-Tyrone was $574,583 in November 2023, up 13% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
N/A
2 $293K$399.9K
+36.5%
3 $372.5K$442.5K
+18.8%
4 $519.9K$575K
+10.6%
5+ $675K$710K
+5.2%

Summary: Peachtree City-Tyrone 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 36.5%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Cities

Senoia
+21.5%
Fayetteville
+15.3%
Peachtree City-Tyrone
+13.0%
Peachtree City
+12.8%
Tyrone
+10.2%

Housing Supply in Peachtree City-Tyrone, GA

How many homes are available in Peachtree City-Tyrone, GA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
237270+13.9%

Summary: The Peachtree City-Tyrone real estate market had 270 homes for sale in November 2023, a 13.9% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 2322
-4.3%
3 7481
+9.5%
4 85105
+23.5%
5+ 5562
+12.7%

Summary: The Peachtree City-Tyrone 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 4.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 12.7%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
4960+22.4%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree City-Tyrone, you may be able to get a good deal. 55.4% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in Peachtree City-Tyrone in November 2023, up by 22.4% month-over-month. Of the 56 sold homes, 55% were sold under asking, 21% were sold at asking, and 23% were sold over asking.

Days on Market for Peachtree City-Tyrone, GA

How long does it take to sell a home in Peachtree City-Tyrone, GA?

Average Sale Time

Nov 2022Nov 2023CHANGE
25 Days26 Days+1.1%

Summary: Homes in Peachtree City-Tyrone had an average of 26 days on market in Nov 2023, up by 1.1% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 60 homes were sold in Peachtree City-Tyrone; 78% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

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