Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Fri Oct 15 2021
This week the median list price for Kennesaw, GA is $407,500 with the market action index hovering around 78. This is less than last month's market action index of 80. Inventory has increased to 90. Click here to stay informed with the Kennesaw market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Kennesaw, GA

Fri Oct 15 2021
This week the median list price for Kennesaw, GA is $407,500 with the market action index hovering around 78. This is less than last month's market action index of 80. Inventory has increased to 90. Click here to stay informed with the Kennesaw market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Kennesaw market.
Median List Price $407,500
Median Price of New Listings $403,000
Per Square Foot $173
Average Days on Market 53
Median Days on Market 28
Price Decreased 28%
Price Increased 8%
Relisted 8%
Inventory 90
Median Rent $2,200
Market Action 78
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$717,000 4,178 0.5 - 1 acre 5 4 18 3 5 49
$469,900 2,750 0.25 - 0.5 acre 4 3 19 12 6 17
$390,000 2,326 0.25 - 0.5 acre 4 2 26 7 5 21
$299,900 1,561 0.25 - 0.5 acre 3 2 35 12 9 7