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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scottdale is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Scottdale, GA

How much do homes in Scottdale, GA cost?

Median Sold Price

$349,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$1,000(-0.3%)

Key Takeaway

The sold price of homes in Scottdale has remained the same since last year.

Summary: The median home sold price in Scottdale was $349,000 in April 2024, down 0.3% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K-
N/A
2 $229.5K$210K
-8.5%
3 $349.9K$354K
+1.2%
4 $485K$519K
+7.0%
5+ $653.7K$625K
-4.4%

Summary: Scottdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 4.4%.

Housing Supply in Scottdale, GA

How many homes are available in Scottdale, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5469+27.8%

Summary: The Scottdale real estate market had 69 homes for sale in April 2024, a 27.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 918
+100.0%
3 2933
+13.8%
4 89
+12.5%
5+ 78
+14.3%

Summary: The Scottdale 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 increased by 100%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1316+23.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scottdale, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Scottdale in April 2024, up by 23.1% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.

Days on Market for Scottdale, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days45 Days+30.3%

Summary: Homes in Scottdale had an average of 45 days on market in Apr 2024, up by 30.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scottdale are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in Scottdale; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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