Is Mableton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mableton is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Mableton, GA

How much do homes in Mableton, GA cost?

Median Sold Price

$359,548

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,530(+7.0%)

Key Takeaway

Homes in Mableton have sold for 7% more than they did a year ago.

Summary: The median home sold price in Mableton was $359,548 in April 2024, up 7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $240K$65K
-72.9%
2 $210K$214.5K
+2.1%
3 $300K$317.8K
+5.9%
4 $430K$430.3K
0.1%
5+ $555K$605K
+9.0%

Summary: Mableton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.9%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Mableton
+7.0%
Smyrna
+5.2%
Vinings
+4.2%
Austell
+1.4%
Lithia Springs
-5.4%

Housing Supply in Mableton, GA

How many homes are available in Mableton, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
270307+13.7%

Summary: The Mableton real estate market had 307 homes for sale in April 2024, a 13.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1617
+6.3%
3 149158
+6.0%
4 6978
+13.0%
5+ 3654
+50.0%

Summary: The Mableton 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 6.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7968-13.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mableton, expect to pay close to the asking price. 37.3% of homes here sold near the asking price last month.

Summary: A total of 68 homes were sold or pending in Mableton in April 2024, down by 13.9% month-over-month. Of the 67 sold homes, 33% were sold under asking, 37% were sold at asking, and 30% were sold over asking.

Days on Market for Mableton, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days22 Days-1.7%

Summary: Homes in Mableton had an average of 22 days on market in Apr 2024, down by 1.7% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 68 homes were sold in Mableton; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 6% 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 12 Days Ago

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