Is Austell, 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, Austell has remained a Seller's Market.
Key Takeaway
Austell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Austell, GA
How much do homes in Austell, GA cost?
Median Sold Price
$304,312
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Austell have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Austell was $304,312 in April 2024, up 1.4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.1K | $180K | +64.9% |
| 2 Bedrooms | $174.9K | $203.5K | +16.4% |
| 3 Bedrooms | $280K | $295K | +5.4% |
| 4 Bedrooms | $350.5K | $359.9K | +2.7% |
| 5+ Bedrooms | $400K | $400K | 0.0% |
Summary: Austell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.9%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mableton | $336K | $359.5K | +7.0% |
| Austell | $300K | $304.3K | +1.4% |
| Douglasville-Lithia Springs | $297.9K | $297K | -0.3% |
Housing Supply in Austell, GA
How many homes are available in Austell, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 169 | 182 | +7.7% |
Summary: The Austell real estate market had 182 homes for sale in April 2024, a 7.7% 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 | 13 | 16 | +23.1% |
| 3 Bedrooms | 105 | 105 | 0.0% |
| 4 Bedrooms | 34 | 42 | +23.5% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Austell 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 23.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 47 | +9.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Austell, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in Austell in April 2024, up by 9.3% month-over-month. Of the 46 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for Austell, GA
How long does it take to sell a home in Austell, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 30 Days | +126.0% |
Summary: Homes in Austell had an average of 30 days on market in Apr 2024, up by 126% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Austell are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 47 homes were sold in Austell; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% 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.