Is Douglasville, 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, Douglasville has remained a Seller's Market.
Key Takeaway
Douglasville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglasville, GA
How much do homes in Douglasville, GA cost?
Median Sold Price
$324,911
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Douglasville have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Douglasville was $324,911 in April 2024, up 2.2% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229.5K | - | N/A |
| 2 Bedrooms | $175K | $177.5K | +1.4% |
| 3 Bedrooms | $275K | $275K | 0.0% |
| 4 Bedrooms | $340K | $350K | +2.9% |
| 5+ Bedrooms | $490K | $471.6K | -3.7% |
Summary: Douglasville 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 1.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Douglasville | $317.8K | $324.9K | +2.2% |
| Bill Arp | $318.7K | $324.5K | +1.8% |
| Douglasville-Lithia Springs | $297.9K | $297K | -0.3% |
| Winston | $350K | $345.6K | -1.2% |
| Lithia Springs | $298.9K | $282.6K | -5.4% |
Housing Supply in Douglasville, GA
How many homes are available in Douglasville, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 684 | 772 | +12.9% |
Summary: The Douglasville real estate market had 772 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 16 | +60.0% |
| 3 Bedrooms | 265 | 312 | +17.7% |
| 4 Bedrooms | 271 | 300 | +10.7% |
| 5+ Bedrooms | 138 | 143 | +3.6% |
Summary: The Douglasville 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 60%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 131 | 144 | +9.9% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglasville, you may be able to get a good deal. 36% of homes here sold below asking price last month.
Summary: A total of 144 homes were sold or pending in Douglasville in April 2024, up by 9.9% month-over-month. Of the 136 sold homes, 36% were sold under asking, 32% were sold at asking, and 32% were sold over asking.
Days on Market for Douglasville, GA
How long does it take to sell a home in Douglasville, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 35 Days | -20.7% |
Summary: Homes in Douglasville had an average of 35 days on market in Apr 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglasville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 144 homes were sold in Douglasville; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% 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.