Is Buckhead, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Buckhead has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $243.2K | $241.5K | -0.7% |
2 Bedrooms | $475K | $575K | +21.1% |
3 Bedrooms | $412.7K | $418.2K | +1.3% |
4 Bedrooms | $760K | $599K | -21.2% |
5+ Bedrooms | $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 2024 | May 2024 | CHANGE |
---|---|---|
23 | 23 | 0.0% |
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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 10 | 7 | -30.0% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 3 | 7 | +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 2024 | May 2024 | CHANGE |
---|---|---|
7 | 5 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 26 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
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.