Is Dacula-Rocky Creek, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacula-Rocky Creek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Dacula-Rocky Creek has remained a Seller's Market.

Key Takeaway

Dacula-Rocky Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dacula-Rocky Creek, GA

How much do homes in Dacula-Rocky Creek, GA cost?

Median Sold Price

$457,762

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,894(+3.8%)

Key Takeaway

Homes in Dacula-Rocky Creek have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Dacula-Rocky Creek was $457,762 in April 2024, up 3.8% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $272K$395K
+45.2%
3 $360.2K$385K
+6.9%
4 $423.9K$440K
+3.8%
5+ $574.3K$580K
+1.0%

Summary: Dacula-Rocky Creek 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 45.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Auburn
+16.1%
Dacula
+4.7%
Dacula-Rocky Creek
+3.8%
Braselton
+1.3%
Snellville-Grayson
+1.1%

Housing Supply in Dacula-Rocky Creek, GA

How many homes are available in Dacula-Rocky Creek, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
721828+14.8%

Summary: The Dacula-Rocky Creek real estate market had 828 homes for sale in April 2024, a 14.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 132160
+21.2%
4 255266
+4.3%
5+ 320390
+21.9%

Summary: The Dacula-Rocky Creek 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 14.3%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 21.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
193175-9.3%

Asking Price vs. Sold Price

88 Homes Were Sold
Under Asking

39 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dacula-Rocky Creek, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 175 homes were sold or pending in Dacula-Rocky Creek in April 2024, down by 9.3% month-over-month. Of the 168 sold homes, 52% were sold under asking, 23% were sold at asking, and 24% were sold over asking.

Days on Market for Dacula-Rocky Creek, GA

How long does it take to sell a home in Dacula-Rocky Creek, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
38 Days26 Days-30.7%

Summary: Homes in Dacula-Rocky Creek had an average of 26 days on market in Apr 2024, down by 30.7% compared to last year.

Breakdown of Home Sale Times

128 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dacula-Rocky Creek are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 175 homes were sold in Dacula-Rocky Creek; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 6% 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 14 Days Ago

Newest Listings in Dacula-Rocky Creek, GA

Nearby Markets to Dacula-Rocky Creek, GA

What housing markets are near Dacula-Rocky Creek, GA?