Real Estate Market Update for Duluth, GA

Video: Real Estate Community Tour for Duluth, GA

See Real estate community tour for Duluth, GA
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 6% from one year earlier, and did not change from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 380-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 31%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold decreased 3% year-over-year, and increased 9% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Duluth, GA
Area Information for Duluth, GA
  • Population: 27,722
  • Median Age: 35.27 yr
  • Median Commute Time: 26.19 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,774/sq mi
  • Population Change Since 2000: 15.67%
  • Closest Airport: Hartsfield - Jackson Atlanta International
  • Closest Jr. College: Gwinnett Technical College
  • Median Household Income: $61,689
  • Annual Residential Turnover: 21.01%
  • Median Years in Residence: 2.66 yr
  • Median Home Sales Price: $129,400
  • Closest Major Sports Team: Falcons
  • Change Avg. Household Income Since 2000: -1%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Duluth, GA
Median Age: 35.27 Married: 34% Number of Households: 10,810 Households with Children: 4,150
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Duluth, GA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      New Life Academy Of Excellence Duluth 0.8 mi Public K-7 4 0
      New Life Academy Of Excellence 0.8 mi Public K-2 0 4
      Duluth High School 0.9 mi Public 9-12 3 4
      Monarch School 1.0 mi Public PRESCHOOL-PRESCHOOL 0 5
      Chattahoochee Elementary School 1.0 mi Public PRESCHOOL-5 5 4
      Notre Dame Academy 1.0 mi Catholic PRESCHOOL-8 0 4
      Duluth Montessori School 1.1 mi Private PRESCHOOL-6 0 0
      Duluth Middle School 1.5 mi Public 6-8 4-5 3
      Perimeter Christian School - Johns Creek 1.9 mi Private K-8 0 5
      Harris Elementary School 2.1 mi Public K-5 0 4
      Duluth Adventist Christian School 2.1 mi Private PRESCHOOL-8 0 3
      Atlanta 2.1 mi Private 9-12 0 4
      Wilson Creek Elementary School 2.2 mi Public PRESCHOOL-5 4-5 4
      First Baptist Duluth Weekday Preschool 2.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      M. H. Mason Elementary School 2.3 mi Public K-5 5 4
      Berkeley Lake Elementary School 2.5 mi Public K-5 4 4
      Northview High School 2.6 mi Public 9-12 5 4
      River Trail Middle School 3.0 mi Public 6-8 5 4
      Shakerag Elementary School 3.1 mi Public PRESCHOOL-5 4-5 5
      Hull Middle School 3.3 mi Public 6-8 4 3
      Charles Brant Chesney Elementary School 3.3 mi Public K-5 3 3
      Abbotts Hill Elementary School 3.9 mi Public K-5 4-5 4
      Creme De La Creme 3.9 mi Private PRESCHOOL-K 0 0
      Sugarloaf Montessori School 3.9 mi Private PRESCHOOL-K 0 0
      Findley Oaks Elementary School 3.9 mi Public PRESCHOOL-5 4 5
      Georgia Connections Academy 4.1 mi Public K-8 1 5
      Ferguson Elementary School 4.4 mi Public PRESCHOOL-5 3 2
      Louise Radloff Middle School 4.5 mi Public 6-8 2-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Duluth, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.