Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Mon Jan 24 2022
This week the median list price for Kennesaw, GA is $425,000 with the market action index hovering around 71. This is less than last month's market action index of 74. Inventory has decreased to 81. 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

Mon Jan 24 2022
This week the median list price for Kennesaw, GA is $425,000 with the market action index hovering around 71. This is less than last month's market action index of 74. Inventory has decreased to 81. 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 $425,000
Median Price of New Listings $401,150
Per Square Foot $177
Average Days on Market 72
Median Days on Market 56
Price Decreased 22%
Price Increased 7%
Relisted 31%
Inventory 81
Median Rent $2,100
Market Action 71
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
$603,000 3,250 0.5 - 1 acre 4 3.5 21 0 1 91
$466,900 2,876 0.25 - 0.5 acre 4 3 18 5 6 84
$401,150 2,366 0.25 - 0.5 acre 4 2.3 27 9 10 17
$327,000 1,796 0.25 - 0.5 acre 3 2 38 6 9 49