Is Milton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Milton was a Seller's Market.
Housing Prices in Milton, GA
How much do homes in Milton, GA cost?
Median Sold Price
$897,956
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Milton was $897,956 in April 2024, up 7.4% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $252.5K | +1.0% |
2 Bedrooms | $378.5K | $395.7K | +4.6% |
3 Bedrooms | $450K | $500K | +11.1% |
4 Bedrooms | $750K | $825K | +10.0% |
5+ Bedrooms | $1.2M | $1.3M | 0.0% |
Summary: Milton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Alpharetta | $628.9K | $708K | +12.6% |
Big Creek | $650K | $720K | +10.8% |
Roswell-Alpharetta | $628K | $683.4K | +8.8% |
Roswell | $580K | $627.6K | +8.2% |
Milton | $835.7K | $897.9K | +7.4% |
Housing Supply in Milton, GA
How many homes are available in Milton, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
227 | 269 | +18.5% |
Summary: The Milton real estate market had 269 homes for sale in April 2024, a 18.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 19 | 15 | -21.1% |
3 Bedrooms | 51 | 41 | -19.6% |
4 Bedrooms | 41 | 56 | +36.6% |
5+ Bedrooms | 115 | 157 | +36.5% |
Summary: The Milton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes increased by 36.6%, and 5+ bedroom homes increased by 36.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 39 | -41.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Milton in April 2024, down by 41.8% month-over-month. Of the 38 sold homes, 29% were sold under asking, 26% were sold at asking, and 45% were sold over asking.
Days on Market for Milton, GA
How long does it take to sell a home in Milton, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 10 Days | -57.2% |
Summary: Homes in Milton had an average of 10 days on market in Apr 2024, down by 57.2% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in Milton; 95% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.