🏡 Real Estate Market Snapshot - May 2025 Athens, GA
📍Just a quick reminder: The data shared here reflects Athens, GA specifically. Real estate is local, and what you hear on the news or see on national reports may not reflect what’s happening in our market. If you’re curious about how your neighborhood or price range is doing, let’s talk!
📊 Key Metrics
Average Home Value: $327,302 (↑ 3.5% YoY)
Median Sale Price: $355,000 (↑ 4.8% YoY)
Median Listing Price: $379,900
Average Days on Market (DOM): 43 days (↓ 9.3% YoY)
Homes Sold in February 2025: 88 (↓ 18.5% MoM)
Current Inventory: 635 active listings (↑ 8% MoM)
🏠 Market Overview
The Athens housing market has experienced moderate growth, with home values increasing by 3.5% over the past year. The average home value stands at $327,302, while the median sale price is $355,000.
Homes are selling faster, with the average days on market decreasing to 43 days, a 9.3% improvement compared to the previous year.
In February 2025, 88 homes were sold, marking an 18.5% decrease from the previous month. However, the inventory has increased to 635 active listings, an 8% rise month-over-month, providing more options for buyers.
🔍 Insights
Buyer’s Market: With increased inventory and a slight decrease in sales, Athens is currently leaning towards a buyer’s market.
Price Trends: The median listing price is $379,900, while the median sale price is $355,000, indicating that homes are selling for slightly below the asking price.
Market Dynamics: The faster turnover and increased listings suggest a dynamic market, offering opportunities for both buyers and sellers.