Is Peachtree City, 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, Peachtree City has remained a Seller's Market.
Housing Prices in Peachtree City, GA
How much do homes in Peachtree City, GA cost?
Median Sold Price
$551,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Peachtree City was $551,000 in April 2024, up 5.9% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $196.5K | N/A |
2 Bedrooms | $325K | $379.5K | +16.8% |
3 Bedrooms | $385K | $459.9K | +19.5% |
4 Bedrooms | $535K | $587.4K | +9.8% |
5+ Bedrooms | $654.9K | $780.5K | +19.2% |
Summary: Peachtree City 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 16.8%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 19.2%.
Median Sold Price Compared To Nearby Cities
Peachtree City-Tyrone | $535K | $589.4K | +10.2% |
Tyrone | $530K | $580K | +9.4% |
Senoia | $495K | $524.9K | +6.1% |
Peachtree City | $520.2K | $551K | +5.9% |
Housing Supply in Peachtree City, GA
How many homes are available in Peachtree City, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
131 | 167 | +27.5% |
Summary: The Peachtree City real estate market had 167 homes for sale in April 2024, a 27.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 20 | 21 | +5.0% |
3 Bedrooms | 40 | 56 | +40.0% |
4 Bedrooms | 42 | 54 | +28.6% |
5+ Bedrooms | 28 | 34 | +21.4% |
Summary: The Peachtree City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 47 | +67.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Peachtree City in April 2024, up by 67.9% month-over-month. Of the 43 sold homes, 44% were sold under asking, 35% were sold at asking, and 21% were sold over asking.
Days on Market for Peachtree City, GA
How long does it take to sell a home in Peachtree City, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 25 Days | +56.4% |
Summary: Homes in Peachtree City had an average of 25 days on market in Apr 2024, up by 56.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in Peachtree City; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.