Is Vinings, 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, Vinings has remained a Seller's Market.
Housing Prices in Vinings, GA
How much do homes in Vinings, GA cost?
Median Sold Price
$515,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Vinings was $515,000 in March 2024, up 5.2% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193.2K | $192.5K | -0.4% |
2 Bedrooms | $320K | $310K | -3.1% |
3 Bedrooms | $445.3K | $495K | +11.2% |
4 Bedrooms | $588.3K | $648.5K | +10.2% |
5+ Bedrooms | $775K | $846K | +9.2% |
Summary: Vinings housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Cities
Northeast Cobb | $511.7K | $550K | +7.5% |
Vinings | $489.6K | $515K | +5.2% |
Atlanta | $400K | $419.7K | +4.9% |
Mableton | $336.8K | $352.7K | +4.7% |
Smyrna | $435.3K | $455.2K | +4.6% |
Housing Supply in Vinings, GA
How many homes are available in Vinings, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
246 | 265 | +7.7% |
Summary: The Vinings real estate market had 265 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 10 | -16.7% |
2 Bedrooms | 53 | 52 | -1.9% |
3 Bedrooms | 91 | 101 | +11.0% |
4 Bedrooms | 50 | 58 | +16.0% |
5+ Bedrooms | 40 | 44 | +10.0% |
Summary: The Vinings housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 59 | +9.3% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Vinings in March 2024, up by 9.3% month-over-month. Of the 56 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.
Days on Market for Vinings, GA
How long does it take to sell a home in Vinings, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
21 Days | 26 Days | +24.2% |
Summary: Homes in Vinings had an average of 26 days on market in Mar 2024, up by 24.2% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 59 homes were sold in Vinings; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.