Is Smyrna, 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, Smyrna has remained a Seller's Market.
Housing Prices in Smyrna, GA
How much do homes in Smyrna, GA cost?
Median Sold Price
$459,987
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Smyrna was $459,987 in April 2024, up 5.2% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $200K | 0.0% |
2 Bedrooms | $265.3K | $283K | +6.7% |
3 Bedrooms | $410.9K | $425K | +3.4% |
4 Bedrooms | $544.6K | $570K | +4.7% |
5+ Bedrooms | $735K | $780K | +6.1% |
Summary: Smyrna 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 6.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in Smyrna, GA
How many homes are available in Smyrna, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
467 | 559 | +19.7% |
Summary: The Smyrna real estate market had 559 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 71 | 78 | +9.9% |
3 Bedrooms | 191 | 211 | +10.5% |
4 Bedrooms | 134 | 163 | +21.6% |
5+ Bedrooms | 69 | 103 | +49.3% |
Summary: The Smyrna housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 49.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
145 | 140 | -3.4% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 140 homes were sold or pending in Smyrna in April 2024, down by 3.4% month-over-month. Of the 137 sold homes, 47% were sold under asking, 22% were sold at asking, and 31% were sold over asking.
Days on Market for Smyrna, GA
How long does it take to sell a home in Smyrna, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 27 Days | +13.4% |
Summary: Homes in Smyrna had an average of 27 days on market in Apr 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
105 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 140 homes were sold in Smyrna; 75% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.