Is Vinings, 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, Vinings has remained a Seller's Market.
Key Takeaway
Vinings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vinings, GA
How much do homes in Vinings, GA cost?
Median Sold Price
$510,468
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vinings have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Vinings was $510,468 in April 2024, up 4.2% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192K | $192K | 0.0% |
| 2 Bedrooms | $313.2K | $310K | -1.0% |
| 3 Bedrooms | $451.7K | $495K | +9.6% |
| 4 Bedrooms | $587.9K | $650K | +10.6% |
| 5+ Bedrooms | $755K | $848K | +12.3% |
Summary: Vinings 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 decreased by 1%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Mableton | $336K | $359.5K | +7.0% |
| Northeast Cobb | $516.4K | $550K | +6.5% |
| Smyrna | $437.2K | $459.9K | +5.2% |
| Atlanta | $400.1K | $420.1K | +5.0% |
| Vinings | $489.9K | $510.4K | +4.2% |
Housing Supply in Vinings, GA
How many homes are available in Vinings, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 267 | 306 | +14.6% |
Summary: The Vinings real estate market had 306 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 9 | -10.0% |
| 2 Bedrooms | 55 | 52 | -5.5% |
| 3 Bedrooms | 100 | 123 | +23.0% |
| 4 Bedrooms | 59 | 75 | +27.1% |
| 5+ Bedrooms | 43 | 47 | +9.3% |
Summary: The Vinings housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 9.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 68 | 79 | +16.2% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vinings, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 79 homes were sold or pending in Vinings in April 2024, up by 16.2% month-over-month. Of the 78 sold homes, 53% were sold under asking, 27% were sold at asking, and 21% were sold over asking.
Days on Market for Vinings, GA
How long does it take to sell a home in Vinings, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 26 Days | +10.4% |
Summary: Homes in Vinings had an average of 26 days on market in Apr 2024, up by 10.4% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vinings are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 79 homes were sold in Vinings; 73% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% 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.