Is Lilburn, 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, Lilburn has remained a Seller's Market.
Housing Prices in Lilburn, GA
How much do homes in Lilburn, GA cost?
Median Sold Price
$405,714
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lilburn was $405,714 in April 2024, up 6.6% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $322.5K | $360K | +11.6% |
3 Bedrooms | $351.3K | $360.3K | +2.6% |
4 Bedrooms | $400K | $420.2K | +5.1% |
5+ Bedrooms | $522.5K | $530K | +1.4% |
Summary: Lilburn 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 11.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in Lilburn, GA
How many homes are available in Lilburn, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
224 | 267 | +19.2% |
Summary: The Lilburn real estate market had 267 homes for sale in April 2024, a 19.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 71 | 85 | +19.7% |
4 Bedrooms | 82 | 106 | +29.3% |
5+ Bedrooms | 61 | 63 | +3.3% |
Summary: The Lilburn 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 30%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes increased by 3.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 70 | +20.7% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in Lilburn in April 2024, up by 20.7% month-over-month. Of the 69 sold homes, 39% were sold under asking, 26% were sold at asking, and 35% were sold over asking.
Days on Market for Lilburn, GA
How long does it take to sell a home in Lilburn, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 29 Days | -4.1% |
Summary: Homes in Lilburn had an average of 29 days on market in Apr 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 70 homes were sold in Lilburn; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.