Is South Rockdale, 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, South Rockdale has remained a Seller's Market.
Key Takeaway
South Rockdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in South Rockdale, GA cost?
Median Sold Price
$324,809
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in South Rockdale have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in South Rockdale was $324,809 in August 2023, down 0.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $115K | +130.0% |
| 2 Bedrooms | $168.7K | $226K | +34.0% |
| 3 Bedrooms | $266K | $270K | +1.5% |
| 4 Bedrooms | $350K | $375K | +7.1% |
| 5+ Bedrooms | $475K | $460K | -3.2% |
Summary: South Rockdale housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 130%, 2 bedroom homes increased by 34%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Covington-Porterdale | $281.2K | $295K | +4.9% |
| Ellenwood | $295K | $300K | +1.7% |
| South Rockdale | $327K | $324.8K | -0.7% |
Housing Supply
How many homes are available in South Rockdale, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 159 | 161 | +1.3% |
Summary: The South Rockdale real estate market had 161 homes for sale in August 2023, a 1.3% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 66 | 66 | 0.0% |
| 4 Bedrooms | 56 | 54 | -3.6% |
| 5+ Bedrooms | 36 | 40 | +11.1% |
Summary: The South Rockdale housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 43 | 36 | -16.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Rockdale, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in South Rockdale in August 2023, down by 16.3% month-over-month. Of the 32 sold homes, 41% were sold under asking, 28% were sold at asking, and 31% were sold over asking.
Days on Market
How long does it take to sell a home in South Rockdale, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 19 Days | 30 Days | +58.8% |
Summary: Homes in South Rockdale had an average of 30 days on market in Aug 2023, up by 58.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Rockdale are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 36 homes were sold in South Rockdale; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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.