Is Roswell, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$623,723
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Roswell have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Roswell was $623,723 in March 2024, up 7.8% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $216K | $273.2K | +26.5% |
| 2 Bedrooms | $300K | $320K | +6.7% |
| 3 Bedrooms | $483.5K | $525K | +8.6% |
| 4 Bedrooms | $600K | $640K | +6.7% |
| 5+ Bedrooms | $829.7K | $840K | +1.2% |
Summary: Roswell housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Alpharetta | $626.6K | $702.4K | +12.1% |
| Roswell | $578.5K | $623.7K | +7.8% |
| Roswell-Alpharetta | $625.7K | $674.7K | +7.8% |
| Milton | $838.2K | $885K | +5.6% |
Housing Supply in Roswell, GA
How many homes are available in Roswell, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 361 | 455 | +26.0% |
Summary: The Roswell real estate market had 455 homes for sale in March 2024, a 26.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 41 | 47 | +14.6% |
| 3 Bedrooms | 102 | 129 | +26.5% |
| 4 Bedrooms | 104 | 123 | +18.3% |
| 5+ Bedrooms | 114 | 153 | +34.2% |
Summary: The Roswell housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 34.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 82 | 127 | +54.9% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roswell, you may be able to get a good deal. 39.8% of homes here sold below asking price last month.
Summary: A total of 127 homes were sold or pending in Roswell in March 2024, up by 54.9% month-over-month. Of the 118 sold homes, 40% were sold under asking, 21% were sold at asking, and 39% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 20 Days | -23.1% |
Summary: Homes in Roswell had an average of 20 days on market in Mar 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
102 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
7 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 March 2024, 127 homes were sold in Roswell; 80% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 6% 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.