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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roswell is a seller's market

Buyer's
Market

Difference Since May 2022

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.

How much do homes in Roswell, GA cost?

Median Sold Price

$584,898

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$78,028(+15.4%)

Key Takeaway

Homes in Roswell have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $182.5K$215K
+17.8%
2 $300K$295K
-1.7%
3 $436.5K$500K
+14.5%
4 $530K$599K
+13.0%
5+ $741.4K$825K
+11.3%

Median Sold Price Compared To Nearby Cities

Roswell
+15.4%
Alpharetta
+14.9%
Roswell-Alpharetta
+12.4%
Milton
+8.8%
Mountain Park
-12.2%

How many homes are available in Roswell, GA?

Number of Homes For Sale

Apr 2023May 2023%
474495+4.4%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 01
+100.0%
2 3845
+18.4%
3 113106
-6.2%
4 168183
+8.9%
5+ 155160
+3.2%

Number of Homes Sold

Apr 2023May 2023%
161174+8.1%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

83 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roswell, you could pay more than the asking price. 48.5% of homes here sold above asking price last month.

How long does it take to sell a home in Roswell, GA?

How long does it take to sell a home in Roswell, GA?

Average Sale Time

May 2022May 2023%
9 Days15 Days+54.2%

Breakdown of Home Sale Times

152 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Roswell 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.

What housing markets are near Roswell, GA?

About Roswell, GA

Roswell, GA has 495 homes for sale to choose from. The number of listings in Roswell, GA increased by 4.4% between April 2023 and May 2023. In May 2023, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $584,898. Listing prices have changed in this real estate market between April 2023 and May 2023: the cost of 1 bedroom properties went up by 17.8%, 2 bedrooms properties prices decreased by 1.7%, the cost of 3 bedrooms properties went up by 14.5%, prices of 4 bedrooms properties went up by 13%, 5 bedrooms properties prices increased by 11.3%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 100%, number of 2 bedrooms homes increased by 18.4%, number of 3 bedrooms homes decreased by 6.2%, the quantity of 4 bedrooms homes went up by 8.9%, 5 bedrooms homes became 3.2% more available. In May 2023 more than 83 listings in Roswell, GA were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 55 were sold below.