Is Johns Creek, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johns Creek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Johns Creek has remained a Seller's Market.

Key Takeaway

Johns Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Johns Creek, GA

How much do homes in Johns Creek, GA cost?

Median Sold Price

$670,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$45,050(+7.2%)

Key Takeaway

Homes in Johns Creek have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Johns Creek was $670,000 in April 2024, up 7.2% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $488.8K-
N/A
2 $335K$380K
+13.4%
3 $455K$485K
+6.6%
4 $582K$640.4K
+10.0%
5+ $800K$890K
+11.3%

Summary: Johns Creek 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 13.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.3%.

Median Sold Price Compared To Nearby Cities

Duluth
+14.3%
Big Creek
+10.8%
Roswell-Alpharetta
+8.8%
Johns Creek
+7.2%

Housing Supply in Johns Creek, GA

How many homes are available in Johns Creek, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
289338+17.0%

Summary: The Johns Creek real estate market had 338 homes for sale in April 2024, a 17.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 615
+150.0%
3 4759
+25.5%
4 8998
+10.1%
5+ 147166
+12.9%

Summary: The Johns Creek 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 150%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 12.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98102+4.1%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

60 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johns Creek, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 102 homes were sold or pending in Johns Creek in April 2024, up by 4.1% month-over-month. Of the 100 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Johns Creek, GA

How long does it take to sell a home in Johns Creek, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days15 Days-11.4%

Summary: Homes in Johns Creek had an average of 15 days on market in Apr 2024, down by 11.4% compared to last year.

Breakdown of Home Sale Times

87 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Johns Creek are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 102 homes were sold in Johns Creek; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Johns Creek, GA

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