Is Roswell, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Roswell has remained a Seller's Market.
Key Takeaway
Roswell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roswell, GA
How much do homes in Roswell, GA cost?
Median Sold Price
$627,673
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Roswell have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Roswell was $627,673 in April 2024, up 8.2% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $216K | $312.5K | +44.7% |
| 2 Bedrooms | $304.7K | $312.5K | +2.6% |
| 3 Bedrooms | $495K | $530K | +7.1% |
| 4 Bedrooms | $599.9K | $650K | +8.3% |
| 5+ Bedrooms | $825.6K | $850K | +2.9% |
Summary: Roswell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.7%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
| Mountain Park | $378K | $496K | +31.2% |
| Alpharetta | $628.9K | $708K | +12.6% |
| Roswell-Alpharetta | $628K | $683.4K | +8.8% |
| Roswell | $580K | $627.6K | +8.2% |
| Milton | $835.7K | $897.9K | +7.4% |
Housing Supply in Roswell, GA
How many homes are available in Roswell, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 465 | 509 | +9.5% |
Summary: The Roswell real estate market had 509 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 45 | 43 | -4.4% |
| 3 Bedrooms | 130 | 139 | +6.9% |
| 4 Bedrooms | 126 | 158 | +25.4% |
| 5+ Bedrooms | 161 | 166 | +3.1% |
Summary: The Roswell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 151 | 147 | -2.6% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
76 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roswell, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.
Summary: A total of 147 homes were sold or pending in Roswell in April 2024, down by 2.6% month-over-month. Of the 145 sold homes, 31% were sold under asking, 17% were sold at asking, and 52% were sold over asking.
Days on Market for Roswell, GA
How long does it take to sell a home in Roswell, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 12 Days | -18.1% |
Summary: Homes in Roswell had an average of 12 days on market in Apr 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
138 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roswell are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 147 homes were sold in Roswell; 94% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 2% 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.