Is North Rockdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Rockdale was a Seller's Market.
Key Takeaway
North Rockdale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Rockdale, GA
How much do homes in North Rockdale, GA cost?
Median Sold Price
$346,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Rockdale have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in North Rockdale was $346,000 in April 2024, up 6.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167K | $230K | +37.7% |
| 3 Bedrooms | $280K | $253.5K | -9.5% |
| 4 Bedrooms | $378.2K | $380K | 0.5% |
| 5+ Bedrooms | $466.4K | $459.9K | -1.4% |
Summary: North Rockdale 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 37.7%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Conyers | $279.2K | $305.7K | +9.5% |
| North Rockdale | $325K | $346K | +6.5% |
| Snellville-Grayson | $384K | $388.1K | +1.1% |
| Covington-Porterdale | $299K | $300K | 0.3% |
Housing Supply in North Rockdale, GA
How many homes are available in North Rockdale, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 79 | +3.9% |
Summary: The North Rockdale real estate market had 79 homes for sale in April 2024, a 3.9% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 27 | 24 | -11.1% |
Summary: The North Rockdale 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 50%, 3 bedroom homes increased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Rockdale, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in North Rockdale in April 2024, down by 7.1% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.
Days on Market for North Rockdale, GA
How long does it take to sell a home in North Rockdale, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 55 Days | +43.8% |
Summary: Homes in North Rockdale had an average of 55 days on market in Apr 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Rockdale has remained consistent over time.
Summary: During April 2024, 13 homes were sold in North Rockdale; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% 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.