Is Ellenwood, GA 30294 a buyer’s or seller’s market?
Ellenwood is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 41% of U.S. ZIP codes, and #81 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Ellenwood housing market right now
In the three months ending August 31, 2026, 21% of homes in Ellenwood, GA 30294 sold above their list price, the typical home went under contract in 64 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 104 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (52 days then) and the median sale price rose 2% to $294,872. Overall, Ellenwood is about as competitive as it was a year ago.
Within DeKalb County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Ellenwood ranks #81 of 371 GA ZIP codes with enough sales (score 41 out of 100).
Nearby, buyers who want less competition could look at Atlanta 30346 (0% sold over asking) or Pine Lake 30072 (0% sold over asking), while Avondale Estates 30002 (62% sold over asking) and Atlanta 30307 (33% sold over asking) are even more competitive.
Run the numbers for 30294
Nearby markets
Atlanta 30307Seller’s market $357 /sq ftAtlanta 30316Balanced $299 /sq ftAtlanta 30317Seller’s market $351 /sq ftAtlanta 30319Seller’s market $301 /sq ft Browse all markets →Towns like Ellenwood nearby
Find towns like Ellenwood in other states →Where Ellenwood is
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Questions about Ellenwood real estate
Is Ellenwood a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Ellenwood, GA 30294 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ellenwood?
The typical home went under contract in 64 days in the latest three months.
Do homes in Ellenwood sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Ellenwood?
About 0.93% of a home’s value a year in DeKalb County, or roughly $3,720 on a $400,000 home.
What is the median home price in Ellenwood?
The median sale price was $294,872 in the three months ending August 31, 2026, about $130 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology