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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conyers is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Conyers, GA

How much do homes in Conyers, GA cost?

Median Sold Price

$305,750

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,500(+9.5%)

Key Takeaway

Homes in Conyers have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Conyers was $305,750 in April 2024, up 9.5% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $99K$83K
-16.2%
2 $136K$179.9K
+32.3%
3 $252.6K$255.7K
+1.2%
4 $367K$355.2K
-3.2%
5+ $470K$472.5K
0.5%

Summary: Conyers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 32.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Conyers
+9.5%
North Rockdale
+6.5%
Covington-Porterdale
0.3%

Housing Supply in Conyers, GA

How many homes are available in Conyers, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
516555+7.6%

Summary: The Conyers real estate market had 555 homes for sale in April 2024, a 7.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 20
-100.0%
2 2625
-3.8%
3 207217
+4.8%
4 174190
+9.2%
5+ 107123
+15.0%

Summary: The Conyers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
104114+9.6%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

35 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conyers, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.

Summary: A total of 114 homes were sold or pending in Conyers in April 2024, up by 9.6% month-over-month. Of the 105 sold homes, 49% were sold under asking, 33% were sold at asking, and 18% were sold over asking.

Days on Market for Conyers, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
47 Days39 Days-15.6%

Summary: Homes in Conyers had an average of 39 days on market in Apr 2024, down by 15.6% compared to last year.

Breakdown of Home Sale Times

66 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 114 homes were sold in Conyers; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% 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 15 Days Ago

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