Is Acworth, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Acworth has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $286K | $295K | +3.1% |
3 Bedrooms | $339.9K | $360K | +5.9% |
4 Bedrooms | $420K | $435K | +3.6% |
5+ Bedrooms | $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 | $385K | $408.8K | +6.2% |
Kennesaw | $381.9K | $400K | +4.7% |
Acworth-Kennesaw | $415.4K | $434.9K | +4.7% |
Housing Supply in Acworth, GA
How many homes are available in Acworth, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
521 | 590 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 34 | 33 | -2.9% |
3 Bedrooms | 184 | 232 | +26.1% |
4 Bedrooms | 162 | 167 | +3.1% |
5+ Bedrooms | 140 | 157 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
126 | 146 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 25 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
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.