Is Forsyth 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, Forsyth County has remained a Seller's Market.
Housing Prices in Forsyth County, GA
How much do homes in Forsyth County, GA cost?
Median Sold Price
$579,572
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Forsyth County was $579,572 in April 2024, up 5.5% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $224K | -37.8% |
2 Bedrooms | $318.6K | $350K | +9.8% |
3 Bedrooms | $420K | $454.9K | +8.3% |
4 Bedrooms | $549.3K | $580.2K | +5.6% |
5+ Bedrooms | $699.4K | $744.4K | +6.4% |
Summary: Forsyth County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.8%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Counties
Fulton County | $435.8K | $467.1K | +7.2% |
Forsyth County | $549.5K | $579.5K | +5.5% |
Hall County | $372.8K | $388.7K | +4.3% |
Gwinnett County | $405.7K | $420K | +3.5% |
Dawson County | $415K | $420K | +1.2% |
Housing Supply in Forsyth County, GA
How many homes are available in Forsyth County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
899 | 1,046 | +16.4% |
Summary: The Forsyth County real estate market had 1,046 homes for sale in April 2024, a 16.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 45 | 56 | +24.4% |
3 Bedrooms | 226 | 251 | +11.1% |
4 Bedrooms | 287 | 328 | +14.3% |
5+ Bedrooms | 337 | 407 | +20.8% |
Summary: The Forsyth County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
239 | 282 | +18.0% |
Asking Price vs. Sold Price
121 Homes Were Sold
Under Asking
64 Homes Were Sold
At Asking
94 Homes Were Sold
Over Asking
Summary: A total of 282 homes were sold or pending in Forsyth County in April 2024, up by 18.0% month-over-month. Of the 279 sold homes, 43% were sold under asking, 23% were sold at asking, and 34% were sold over asking.
Days on Market for Forsyth County, GA
How long does it take to sell a home in Forsyth County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 19 Days | -17.1% |
Summary: Homes in Forsyth County had an average of 19 days on market in Apr 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
233 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 282 homes were sold in Forsyth County; 83% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.