Is College Park, 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, College Park has remained a Seller's Market.
Housing Prices in College Park, GA
How much do homes in College Park, GA cost?
Median Sold Price
$259,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in College Park was $259,000 in April 2024, up 7.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210K | $200K | -4.8% |
3 Bedrooms | $227.5K | $247.4K | +8.8% |
4 Bedrooms | $304.9K | $302.5K | -0.8% |
5+ Bedrooms | $311K | $325K | +4.5% |
Summary: College Park 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 decreased by 4.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
College Park | $241.5K | $259K | +7.2% |
Forest Park | $190K | $200K | +5.3% |
College Park | $372K | $373K | 0.3% |
Forest Park-Morrow | $232.5K | $232.2K | -0.1% |
Hapeville | $309K | $302K | -2.3% |
Housing Supply in College Park, GA
How many homes are available in College Park, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 61 | +13.0% |
Summary: The College Park real estate market had 61 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 33 | 42 | +27.3% |
4 Bedrooms | 16 | 12 | -25.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The College Park 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 33.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in College Park in April 2024, the same as the previous month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.
Days on Market for College Park, GA
How long does it take to sell a home in College Park, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 14 Days | -28.6% |
Summary: Homes in College Park had an average of 14 days on market in Apr 2024, down by 28.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in College Park; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.