Is Acworth-Kennesaw, 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-Kennesaw has remained a Seller's Market.
Key Takeaway
Acworth-Kennesaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Acworth-Kennesaw, GA
How much do homes in Acworth-Kennesaw, GA cost?
Median Sold Price
$434,970
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Acworth-Kennesaw have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Acworth-Kennesaw was $434,970 in April 2024, up 4.7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.2K | $140K | +117.9% |
| 2 Bedrooms | $289K | $295K | +2.1% |
| 3 Bedrooms | $350K | $369.9K | +5.7% |
| 4 Bedrooms | $437.2K | $465K | +6.3% |
| 5+ Bedrooms | $611.1K | $659K | +7.8% |
Summary: Acworth-Kennesaw housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 117.9%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Marietta | $429.5K | $457.5K | +6.5% |
| Acworth | $385K | $408.8K | +6.2% |
| Acworth-Kennesaw | $415.4K | $434.9K | +4.7% |
| Kennesaw | $381.9K | $400K | +4.7% |
| North Paulding | $416.1K | $424.2K | +1.9% |
Housing Supply in Acworth-Kennesaw, GA
How many homes are available in Acworth-Kennesaw, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 829 | 963 | +16.2% |
Summary: The Acworth-Kennesaw real estate market had 963 homes for sale in April 2024, a 16.2% 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 | 47 | 53 | +12.8% |
| 3 Bedrooms | 290 | 342 | +17.9% |
| 4 Bedrooms | 274 | 310 | +13.1% |
| 5+ Bedrooms | 217 | 257 | +18.4% |
Summary: The Acworth-Kennesaw 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 increased by 12.8%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 18.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 209 | 238 | +13.9% |
Asking Price vs. Sold Price
110 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
78 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acworth-Kennesaw, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 238 homes were sold or pending in Acworth-Kennesaw in April 2024, up by 13.9% month-over-month. Of the 230 sold homes, 48% were sold under asking, 18% were sold at asking, and 34% were sold over asking.
Days on Market for Acworth-Kennesaw, GA
How long does it take to sell a home in Acworth-Kennesaw, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 24 Days | -18.4% |
Summary: Homes in Acworth-Kennesaw had an average of 24 days on market in Apr 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
181 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Acworth-Kennesaw are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 238 homes were sold in Acworth-Kennesaw; 76% of homes were sold within 30 days, 16% 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. 
Based on information from the Georgia MLS © 2024.