Is Coweta 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, Coweta County has remained a Seller's Market.
Key Takeaway
Coweta County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coweta County, GA
How much do homes in Coweta County, GA cost?
Median Sold Price
$398,533
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Coweta County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Coweta County was $398,533 in April 2024, up 6% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $90K | -61.7% |
| 2 Bedrooms | $234.9K | $269.9K | +14.9% |
| 3 Bedrooms | $306.2K | $328.2K | +7.2% |
| 4 Bedrooms | $444.3K | $438.3K | -1.3% |
| 5+ Bedrooms | $568.5K | $599.9K | +5.5% |
Summary: Coweta County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61.7%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Counties
| Fayette County | $449.1K | $483.8K | +7.7% |
| Coweta County | $375.9K | $398.5K | +6.0% |
| Spalding County | $249.8K | $250K | 0.1% |
| Meriwether County | $249.9K | $246.9K | -1.2% |
Housing Supply in Coweta County, GA
How many homes are available in Coweta County, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 751 | 806 | +7.3% |
Summary: The Coweta County real estate market had 806 homes for sale in April 2024, a 7.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 35 | 26 | -25.7% |
| 3 Bedrooms | 274 | 300 | +9.5% |
| 4 Bedrooms | 302 | 314 | +4.0% |
| 5+ Bedrooms | 138 | 164 | +18.8% |
Summary: The Coweta 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 decreased by 25.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 176 | 196 | +11.4% |
Asking Price vs. Sold Price
87 Homes Were Sold
Under Asking
55 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coweta County, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.
Summary: A total of 196 homes were sold or pending in Coweta County in April 2024, up by 11.4% month-over-month. Of the 177 sold homes, 49% were sold under asking, 31% were sold at asking, and 20% were sold over asking.
Days on Market for Coweta County, GA
How long does it take to sell a home in Coweta County, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 41 Days | +51.9% |
Summary: Homes in Coweta County had an average of 41 days on market in Apr 2024, up by 51.9% compared to last year.
Breakdown of Home Sale Times
121 Homes Were Sold
Under 30 Days
47 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coweta County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 196 homes were sold in Coweta County; 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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.