Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Mon Jul 04 2022
This week the median list price for Kennesaw, GA is $450,450 with the market action index hovering around 72. This is less than last month's market action index of 74. Inventory has increased to 128. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Mon Jul 04 2022
This week the median list price for Kennesaw, GA is $450,450 with the market action index hovering around 72. This is less than last month's market action index of 74. Inventory has increased to 128. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $450,450
Median Price of New Listings $429,900
Per Square Foot $198
Average Days on Market 57
Median Days on Market 14
Price Decreased 30%
Price Increased 2%
Relisted 16%
Inventory 128
Median Rent
Market Action 72
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
$730,000 4,105 0.5 - 1 acre 5 4 22 9 6 35
$495,400 2,971 0.25 - 0.5 acre 4 3 21 11 5 24
$417,450 2,136 0.25 - 0.5 acre 3 2.5 26 9 5 10
$335,000 1,431 0.25 - 0.5 acre 3 2 37 18 9 3