Is North Rockdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Rockdale has remained a Seller's Market.
Housing Prices in North Rockdale, GA
How much do homes in North Rockdale, GA cost?
Median Sold Price
$361,930
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Rockdale was $361,930 in May 2024, up 0.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $158.5K | $228.4K | +44.1% |
3 Bedrooms | $255K | $260.5K | +2.2% |
4 Bedrooms | $384K | $368.7K | -4.0% |
5+ Bedrooms | $427.3K | $420K | -1.7% |
Summary: North Rockdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
Conyers | $299.9K | $312.6K | +4.2% |
Covington-Porterdale | $298.8K | $303K | +1.4% |
Snellville-Grayson | $385K | $389.8K | +1.3% |
North Rockdale | $359.9K | $361.9K | 0.5% |
Housing Supply in North Rockdale, GA
How many homes are available in North Rockdale, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 75 | +4.2% |
Summary: The North Rockdale real estate market had 75 homes for sale in May 2024, a 4.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 23 | 25 | +8.7% |
5+ Bedrooms | 22 | 18 | -18.2% |
Summary: The North Rockdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in North Rockdale in May 2024, up by 10.5% month-over-month. Of the 20 sold homes, 40% were sold under asking, 45% were sold at asking, and 15% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 32 Days | -14.3% |
Summary: Homes in North Rockdale had an average of 32 days on market in May 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in North Rockdale; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.