Residential · city

Duluth market report

Closed sales series. Latest median $439,750 (+4.7% YoY). Balanced on live supply.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 229 active · 13 under contract · 38 pending. Total residential listings by status: 280.

Data confidence: High. 726 closings in the last 12 months. Enough closings to read a trend.

Latest median$439,750+4.7% YoY
Months of supply5.5Balanced · 3.8 on 61/mo trailing-12
$/SF$199-6.1% YoY
DOM32-10.0% YoY
Sale/list97.1%66.7% below

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price+11.3%$439,750 vs $395,000 market-wide
$/SF+7.1%$199 vs $186 market-wide
DOM-7%32 days vs 34 market-wide
Sale/list-1.5 pts97.1% vs 98.7%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

74
Buyer window

3-month volume-weighted median $452,875 (-5.6% vs same 3 months last year) on 176 closings. Latest month is $439,750. Confidence: High (176 closings in 3 months).

3-month $/SF is down 7.1% versus the same 3 months last year.

Months of supply52
5.5 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price61
-5.6% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
1.88 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)89
0.16 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced73
43% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+57.5% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

5.5 months of supply on last month’s pace (229 active ÷ 42 closings). 3.8 months on the trailing-12 pace (average 61 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 66.7% of last month’s closings were below list. Days on market are down 10% from a year ago.

Homes for sale in Duluth, GA →

How homes actually closed

Above list0.0%More than 1% over list
At list33.3%Within 1% of list
Below list66.7%More than 1% under list
Price reduced42.9%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1638 pending ÷ 242 (active + under contract)
New / closed1.8879 listed in 30 days vs 42 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Duluth

High confidence. 726 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $439,750. Price your home off the neighborhood or school district, then check that it still makes sense against this number.
  • 5.5 months of supply. Median days on market 32. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school district, not the citywide median. Homes for sale in Duluth, GA →

What this means if you are listing in Duluth

  • Price to the closed median and $/SF here ($439,750, $199), not the market-wide number. This market is above the broader market by 11.3% on median.
  • With 5.5 months of supply, expect about 32 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 66.7% of recent closings were below list and 42.9% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Duluth, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 42.9% of recent closings had a price reduction.
  • This micro-market diverges from the broader market by 11%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k258.9%
$300–500k13548.2%
$500–750k7526.8%
$750k–1M124.3%
$1M+3311.8%

Property types

TypeListedMedian ask
Single Family Residence183$520,000
Townhouse82$442,000
Condominium15$260,000

229 active, 13 under contract, 38 pending. 79 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-10
2021-112026-10

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 202642$439,750$1993297.1%66.7%42.9%
Sep 202656$475,150$1903298.2%66.1%55.4%
Aug 202678$443,950$2052197.8%64.1%34.6%
Jul 202665$524,000$2061698.8%52.3%32.3%
Jun 202676$450,000$2001598.4%60.5%27.6%
May 202682$495,000$2062298.1%64.6%31.7%
Apr 202683$490,000$1951298.8%54.2%34.9%
Mar 202666$460,375$2052498.4%60.6%27.3%
Feb 202646$427,500$2046097.9%67.4%41.3%
Jan 202638$457,500$1943497.4%73.7%36.8%
Dec 202554$482,450$1973697.4%70.4%40.7%
Nov 202540$472,500$2113597.6%72.5%42.5%
Oct 202559$420,000$2123596.9%81.4%42.4%
Sep 202564$482,500$2062497.8%71.9%43.8%
Aug 202561$535,000$2242298.1%62.3%36.1%
Jul 202575$479,900$2141199.7%46.7%24.0%
Jun 202583$505,000$2171799.3%45.8%30.1%
May 202574$525,000$2248100.0%37.8%16.2%
Apr 202567$518,000$23515100.0%34.3%23.9%
Mar 202599$520,000$22916100.0%37.4%24.2%
Feb 202562$460,000$2143298.3%62.9%30.6%
Jan 202542$464,000$2101998.7%54.8%26.2%
Dec 202474$482,000$2203099.1%48.6%32.4%
Nov 202459$507,000$21418100.0%42.4%23.7%

Below = closed under 99% of list. Reduced = original list higher than final list.