Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Wed Apr 24 2024
This week the median list price for Kennesaw, GA is $500,535 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has decreased to 112. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Kennesaw, GA

Wed Apr 24 2024
This week the median list price for Kennesaw, GA is $500,535 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has decreased to 112. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Kennesaw market.
Median List Price $500,535
Median Price of New Listings $449,450
Per Square Foot $206
Average Days on Market 72
Median Days on Market 39
Price Decreased 37%
Price Increased 13%
Relisted 21%
Inventory 112
Median Rent
Market Action 48
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$862,500 4,611 0.5 - 1 acre 5 4.5 19 3 5 45
$557,000 2,804 8,000 - 10,000 sqft 4 3.3 13 5 5 84
$449,000 2,256 0.25 - 0.5 acre 4 2.5 27 4 5 38
$375,000 1,548 0.25 - 0.5 acre 3 2 37 8 6 17