Is Rex, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rex is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Rex has remained a Seller's Market.

Key Takeaway

Rex is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Rex, GA cost?

Median Sold Price

$221,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$56,000(+33.9%)

Key Takeaway

Homes in Rex have sold for 33.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $154.9K$180K
+16.2%
3 $155K$211.2K
+36.3%
4 $200K$265.5K
+32.8%
5+ $256K$263K
+2.7%

Median Sold Price Compared To Nearby Cities

Rex
+33.9%
Ellenwood
+30.0%
Forest Park-Morrow
+29.7%

How many homes are available in Rex, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
7249-31.9%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 10
-100.0%
3 5832
-44.8%
4 69
+50.0%
5+ 78
+14.3%

Number of Homes Sold

Mar 2022Apr 2022%
3127-12.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rex, you could pay more than the asking price. 84.2% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
9 Days6 Days-26.6%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rex 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.

New

4020 Villager Way, Rex, GA 30273

4020 Villager Way, Rex, GA 30273

$329,400
2,596 SqFt
4 Bedrooms
~$1,500/mo.*2 Full Baths, 1 Partial
#20044086Listing Office:
EXP Realty LLCMLS logo

New

6263 Ellenwood Dr, Rex, GA 30273

6263 Ellenwood Dr, Rex, GA 30273

$275,000
1,608 SqFt
3 Bedrooms
~$1,250/mo.*2 Full Baths, 1 Partial
#7054155Listing Office:
Opendoor Brokerage, LLCMLS logo

New

6494 Bobolink Ct, Rex Ga, GA 30273

6494 Bobolink Ct, Rex Ga, GA 30273

$250,000
1,310 SqFt
3 Bedrooms
~$1,100/mo.*2 Full Baths
#20043901Listing Office:
RE/MAX AdvantageMLS logo

New

6458 Bobolink Ct, Rex, GA 30273

6458 Bobolink Ct, Rex, GA 30273

$285,000
1,514 SqFt
3 Bedrooms
~$1,300/mo.*2 Full Baths
#20043276Listing Office:
Atlanta Diamond Realty LLCMLS logo

New

5893 Ronnie Dr, Rex, GA 30273

5893 Ronnie Dr, Rex, GA 30273

$269,000
1,400 SqFt
3 Bedrooms
~$1,200/mo.*2 Full Baths
#20041586Listing Office:
Solid Source Realty GAMLS logo

New

6611 Cambridge Dr, Rex, GA 30273

6611 Cambridge Dr, Rex, GA 30273

$180,000
1,638 SqFt
3 Bedrooms
~$800/mo.*2 Full Baths
#10050208Listing Office:
Harry Norman RealtorsMLS logo

New

5873 Creekside Dr, Rex, GA 30273

5873 Creekside Dr, Rex, GA 30273

$265,000
1,364 SqFt
3 Bedrooms
~$1,200/mo.*2 Full Baths
#7052255Listing Office:
Weichert, Realtors - The CollectiveMLS logo

New

6770 Mason Ln, Rex, GA 30273

6770 Mason Ln, Rex, GA 30273

$385,000
2,850 SqFt
5 Bedrooms
~$1,750/mo.*3 Full Baths
#20042874Listing Office:
Atlanta Realtors, LLCMLS logo

New

6668 Sunset Hills Blvd, Rex, GA 30273

6668 Sunset Hills Blvd, Rex, GA 30273

$210,000
1,414 SqFt
3 Bedrooms
~$950/mo.*2 Full Baths, 1 Partial
#7052004Listing Office:
Berkshire Hathaway HomeServices Georgia PropertiesMLS logo

New

5793 Rex Ridge Pkwy, Rex, GA 30273

5793 Rex Ridge Pkwy, Rex, GA 30273

$390,000
3,072 SqFt
5 Bedrooms
~$1,750/mo.*3 Full Baths
#7049329Listing Office:
CompassMLS logo

New

5793 Rex Ridge Pkwy, Rex, GA 30273

5793 Rex Ridge Pkwy, Rex, GA 30273

$390,000
3,027 SqFt
5 Bedrooms
~$1,750/mo.*3 Full Baths
#20042068Listing Office:
CompassMLS logo

New

5788 Jubilant Dr, Rex, GA 30273

5788 Jubilant Dr, Rex, GA 30273

$365,000
 
5 Bedrooms
~$1,650/mo.*3 Full Baths, 1 Partial
#10049190Listing Office:
Dreamstone Property ManagementMLS logo

About Rex, GA

Number of homes for sale in Rex, GA real estate market have reached 49. Between March 2022 and April 2022, Rex, GA real estate market has seen decrease in the number of listings by 31.9%. Listings spent 6 days on the market in April 2022, and had a median list price of $221,000 during the same period. Listing prices have changed in this real estate market between March 2022 and April 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 16.2% more expensive, prices of 3 bedrooms properties increased by 36.3%, prices of 4 bedrooms properties increased by 32.8%, the cost of 5 bedrooms properties went up by 2.7%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 100% less available, 3 bedrooms homes became 44.8% less available, the quantity of 4 bedrooms homes went up by 50%, the quantity of 5 bedrooms homes went up by 14.3%. Over 16 listings were sold over their listed price in April 2022 in Rex, GA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 05/01/2020 - 05/01/2022

IDX Based on information from the Georgia MLS © 2022.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Last updated on: 5/26/2022, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/26/2022, 3:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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