Is DeKalb County, 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, DeKalb County has remained a Seller's Market.
Housing Prices in DeKalb County, GA
How much do homes in DeKalb County, GA cost?
Median Sold Price
$348,191
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in DeKalb County was $348,191 in April 2024, down 0.2% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $205K | 0.0% |
2 Bedrooms | $232.2K | $247.6K | +6.6% |
3 Bedrooms | $307.4K | $306.4K | -0.3% |
4 Bedrooms | $426.3K | $425.9K | -0.1% |
5+ Bedrooms | $649.5K | $617.5K | -4.9% |
Summary: DeKalb County 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 6.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Counties
Fulton County | $435.8K | $467.1K | +7.2% |
Gwinnett County | $405.7K | $420K | +3.5% |
Clayton County | $240K | $243.6K | +1.5% |
DeKalb County | $348.8K | $348.1K | -0.2% |
Rockdale County | $308.7K | $304.5K | -1.4% |
Housing Supply in DeKalb County, GA
How many homes are available in DeKalb County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3,409 | 4,000 | +17.3% |
Summary: The DeKalb County real estate market had 4,000 homes for sale in April 2024, a 17.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 63 | 71 | +12.7% |
2 Bedrooms | 424 | 510 | +20.3% |
3 Bedrooms | 1,496 | 1,713 | +14.5% |
4 Bedrooms | 955 | 1,120 | +17.3% |
5+ Bedrooms | 471 | 586 | +24.4% |
Summary: The DeKalb County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 24.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
812 | 892 | +9.9% |
Asking Price vs. Sold Price
374 Homes Were Sold
Under Asking
215 Homes Were Sold
At Asking
260 Homes Were Sold
Over Asking
Summary: A total of 892 homes were sold or pending in DeKalb County in April 2024, up by 9.9% month-over-month. Of the 849 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% were sold over asking.
Days on Market for DeKalb County, GA
How long does it take to sell a home in DeKalb County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 29 Days | -4.6% |
Summary: Homes in DeKalb County had an average of 29 days on market in Apr 2024, down by 4.6% compared to last year.
Breakdown of Home Sale Times
607 Homes Were Sold
Under 30 Days
212 Homes Were Sold
In 30 - 90 Days
73 Homes Were Sold
Over 90 Days
Summary: During April 2024, 892 homes were sold in DeKalb County; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.