Is Carrollton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carrollton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Carrollton has remained a Seller's Market.

Key Takeaway

Carrollton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carrollton, GA

How much do homes in Carrollton, GA cost?

Median Sold Price

$282,383

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$3,116(+1.1%)

Key Takeaway

Homes in Carrollton have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Carrollton was $282,383 in May 2024, up 1.1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $189.7K$181.2K
-4.5%
2 $173K$218K
+26.0%
3 $250K$260K
+4.0%
4 $361K$361.5K
0.1%
5+ $411.5K$497.4K
+20.9%

Summary: Carrollton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 26%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 20.9%.

Housing Supply in Carrollton, GA

How many homes are available in Carrollton, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
271284+4.8%

Summary: The Carrollton real estate market had 284 homes for sale in May 2024, a 4.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 42
-50.0%
2 2215
-31.8%
3 141147
+4.3%
4 7687
+14.5%
5+ 2833
+17.9%

Summary: The Carrollton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 31.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 17.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6764-4.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carrollton, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 64 homes were sold or pending in Carrollton in May 2024, down by 4.5% month-over-month. Of the 56 sold homes, 34% were sold under asking, 38% were sold at asking, and 29% were sold over asking.

Days on Market for Carrollton, GA

How long does it take to sell a home in Carrollton, GA?

Average Sale Time

May 2023May 2024CHANGE
51 Days36 Days-27.9%

Summary: Homes in Carrollton had an average of 36 days on market in May 2024, down by 27.9% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carrollton are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 64 homes were sold in Carrollton; 66% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% 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 1 Day Ago

Newest Listings in Carrollton, GA

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