Is Roswell, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$640,062
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Roswell have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Roswell was $640,062 in June 2024, up 9.6% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $312.5K | +45.3% |
| 2 Bedrooms | $295K | $330K | +11.9% |
| 3 Bedrooms | $500K | $536.7K | +7.4% |
| 4 Bedrooms | $603K | $660.8K | +9.6% |
| 5+ Bedrooms | $829.8K | $860K | +3.6% |
Summary: Roswell housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.3%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Milton | $818.3K | $931K | +13.8% |
| Roswell-Alpharetta | $627K | $700K | +11.6% |
| Alpharetta | $658.3K | $734K | +11.5% |
| Roswell | $584.2K | $640K | +9.6% |
Housing Supply in Roswell, GA
How many homes are available in Roswell, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 533 | 597 | +12.0% |
Summary: The Roswell real estate market had 597 homes for sale in June 2024, a 12.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 48 | 58 | +20.8% |
| 3 Bedrooms | 145 | 162 | +11.7% |
| 4 Bedrooms | 163 | 186 | +14.1% |
| 5+ Bedrooms | 177 | 190 | +7.3% |
Summary: The Roswell housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 170 | 128 | -24.7% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roswell, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.
Summary: A total of 128 homes were sold or pending in Roswell in June 2024, down by 24.7% month-over-month. Of the 127 sold homes, 41% were sold under asking, 13% were sold at asking, and 46% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 11 Days | 18 Days | +58.8% |
Summary: Homes in Roswell had an average of 18 days on market in Jun 2024, up by 58.8% compared to last year.
Breakdown of Home Sale Times
98 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
5 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 June 2024, 128 homes were sold in Roswell; 77% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% 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.