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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckhead is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Buckhead, GA

How much do homes in Buckhead, GA cost?

Median Sold Price

$557,500

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$12,000(+2.2%)

Key Takeaway

Homes in Buckhead have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Buckhead was $557,500 in May 2024, up 2.2% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $243.2K$241.5K
-0.7%
2 $475K$575K
+21.1%
3 $412.7K$418.2K
+1.3%
4 $760K$599K
-21.2%
5+ $1.2M$955K
-23.9%

Summary: Buckhead housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 23.9%.

Housing Supply in Buckhead, GA

How many homes are available in Buckhead, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
23230.0%

Summary: The Buckhead real estate market had 23 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 107
-30.0%
4 109
-10.0%
5+ 37
+133.3%

Summary: The Buckhead housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckhead, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Buckhead in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Buckhead, GA

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

Average Sale Time

May 2023May 2024CHANGE
13 Days26 Days+92.6%

Summary: Homes in Buckhead had an average of 26 days on market in May 2024, up by 92.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Buckhead has remained consistent over time.

Summary: During May 2024, 5 homes were sold in Buckhead; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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