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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acworth is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Acworth, GA

How much do homes in Acworth, GA cost?

Median Sold Price

$408,805

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,805(+6.2%)

Key Takeaway

Homes in Acworth have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Acworth was $408,805 in April 2024, up 6.2% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$130K
N/A
2 $286K$295K
+3.1%
3 $339.9K$360K
+5.9%
4 $420K$435K
+3.6%
5+ $530K$575K
+8.5%

Summary: Acworth 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 increased by 3.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Cities

Acworth
+6.2%
Kennesaw
+4.7%
Acworth-Kennesaw
+4.7%

Housing Supply in Acworth, GA

How many homes are available in Acworth, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
521590+13.2%

Summary: The Acworth real estate market had 590 homes for sale in April 2024, a 13.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 3433
-2.9%
3 184232
+26.1%
4 162167
+3.1%
5+ 140157
+12.1%

Summary: The Acworth 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 2.9%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 12.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
126146+15.9%

Asking Price vs. Sold Price

72 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

40 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acworth, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.

Summary: A total of 146 homes were sold or pending in Acworth in April 2024, up by 15.9% month-over-month. Of the 142 sold homes, 51% were sold under asking, 21% were sold at asking, and 28% were sold over asking.

Days on Market for Acworth, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
33 Days25 Days-26.0%

Summary: Homes in Acworth had an average of 25 days on market in Apr 2024, down by 26% compared to last year.

Breakdown of Home Sale Times

113 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 146 homes were sold in Acworth; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% 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

Newest Listings in Acworth, GA

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