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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Senoia is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Senoia, GA

How much do homes in Senoia, GA cost?

Median Sold Price

$524,962

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,962(+6.1%)

Key Takeaway

Homes in Senoia have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Senoia was $524,962 in April 2024, up 6.1% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$282.5K
N/A
3 $346K$350K
+1.2%
4 $505K$537.4K
+6.4%
5+ $593.2K$614.5K
+3.6%

Summary: Senoia 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 did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

Peachtree City-Tyrone
+10.2%
Senoia
+6.1%
Peachtree City
+5.9%

Housing Supply in Senoia, GA

How many homes are available in Senoia, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
110131+19.1%

Summary: The Senoia real estate market had 131 homes for sale in April 2024, a 19.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2733
+22.2%
4 5058
+16.0%
5+ 3240
+25.0%

Summary: The Senoia 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 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2133+57.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Senoia, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Senoia in April 2024, up by 57.1% month-over-month. Of the 30 sold homes, 50% were sold under asking, 37% were sold at asking, and 13% were sold over asking.

Days on Market for Senoia, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days43 Days+52.9%

Summary: Homes in Senoia had an average of 43 days on market in Apr 2024, up by 52.9% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 33 homes were sold in Senoia; 58% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% 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 9 Days Ago

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