Is Peachtree City-Tyrone, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree City-Tyrone is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Peachtree City-Tyrone has remained a Seller's Market.

Key Takeaway

Peachtree City-Tyrone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Peachtree City-Tyrone, GA

How much do homes in Peachtree City-Tyrone, GA cost?

Median Sold Price

$589,450

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$54,450(+10.2%)

Key Takeaway

Homes in Peachtree City-Tyrone have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Peachtree City-Tyrone was $589,450 in April 2024, up 10.2% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$196.5K
N/A
2 $390.9K$395K
+1.0%
3 $401.8K$460K
+14.5%
4 $528.5K$607.7K
+15.0%
5+ $669.1K$765K
+14.3%

Summary: Peachtree City-Tyrone 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 1%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Cities

Fayetteville
+11.3%
Peachtree City-Tyrone
+10.2%
Tyrone
+9.4%
Senoia
+6.1%
Peachtree City
+5.9%

Housing Supply in Peachtree City-Tyrone, GA

How many homes are available in Peachtree City-Tyrone, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
249310+24.5%

Summary: The Peachtree City-Tyrone real estate market had 310 homes for sale in April 2024, a 24.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 2629
+11.5%
3 7092
+31.4%
4 89108
+21.3%
5+ 6379
+25.4%

Summary: The Peachtree City-Tyrone 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 11.5%, 3 bedroom homes increased by 31.4%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes increased by 25.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4774+57.4%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree City-Tyrone, you may be able to get a good deal. 39.7% of homes here sold below asking price last month.

Summary: A total of 74 homes were sold or pending in Peachtree City-Tyrone in April 2024, up by 57.4% month-over-month. Of the 68 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.

Days on Market for Peachtree City-Tyrone, GA

How long does it take to sell a home in Peachtree City-Tyrone, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days27 Days+15.3%

Summary: Homes in Peachtree City-Tyrone had an average of 27 days on market in Apr 2024, up by 15.3% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Peachtree City-Tyrone are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 74 homes were sold in Peachtree City-Tyrone; 72% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 9% 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

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