Is Smyrna, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Smyrna has remained a Seller's Market.
Key Takeaway
Smyrna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Smyrna, GA cost?
Median Sold Price
$439,992
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Smyrna have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Smyrna was $439,992 in August 2023, up 3.6% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.5K | $195K | +5.7% |
| 2 Bedrooms | $254.5K | $270K | +6.1% |
| 3 Bedrooms | $406.2K | $412.9K | +1.7% |
| 4 Bedrooms | $526.5K | $540K | +2.6% |
| 5+ Bedrooms | $692K | $772K | +11.6% |
Summary: Smyrna housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 11.6%.
Housing Supply
How many homes are available in Smyrna, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 426 | 423 | -0.7% |
Summary: The Smyrna real estate market had 423 homes for sale in August 2023, a 0.7% decrease compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 65 | 69 | +6.2% |
| 3 Bedrooms | 187 | 169 | -9.6% |
| 4 Bedrooms | 105 | 121 | +15.2% |
| 5+ Bedrooms | 66 | 60 | -9.1% |
Summary: The Smyrna housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 140 | 156 | +11.4% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
62 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Smyrna, you may be able to get a good deal. 41.6% of homes here sold below asking price last month.
Summary: A total of 156 homes were sold or pending in Smyrna in August 2023, up by 11.4% month-over-month. Of the 154 sold homes, 42% were sold under asking, 18% were sold at asking, and 40% were sold over asking.
Days on Market
How long does it take to sell a home in Smyrna, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 12 Days | 21 Days | +74.2% |
Summary: Homes in Smyrna had an average of 21 days on market in Aug 2023, up by 74.2% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Smyrna are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 156 homes were sold in Smyrna; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Athens Area Association of Realtors. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.