Residential · high school district

Norcross High School district market report

Closed sales series. Latest median $391,000 (-20.8% YoY). Buyer-leaning on live supply.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 208 active · 8 under contract · 24 pending. Total residential listings by status: 240.

Data confidence: High. 556 closings in the last 12 months. Enough closings to read a trend.

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Latest median$391,000-20.8% YoY
Months of supply8.0Buyer-leaning · 4.5 on 46/mo trailing-12
$/SF$210-0.2% YoY
DOM18-16.3% YoY
Sale/list97.7%68.0% below

Versus the broader market

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

Median price-1.0%$391,000 vs $395,000 market-wide
$/SF+13.1%$210 vs $186 market-wide
DOM-47%18 days vs 34 market-wide
Sale/list-0.9 pts97.7% 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.

75
Buyer window

3-month volume-weighted median $471,961 (+0.6% vs same 3 months last year) on 122 closings. Latest month is $391,000. Confidence: Moderate (122 closings in 3 months).

3-month $/SF is up 2.4% versus the same 3 months last year.

Months of supply95
8.0 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 price39
+0.6% · 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 / closed93
1.77 · 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)90
0.11 · 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 reduced27
23% · 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
+54.4% · 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.

Buyer-leaning

8.0 months of supply on last month’s pace (208 active ÷ 26 closings). 4.5 months on the trailing-12 pace (average 46 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 68.0% of last month’s closings were below list. Days on market are down 16% from a year ago.

Homes for sale in the Norcross High School district →

How homes actually closed

Above list4.0%More than 1% over list
At list28.0%Within 1% of list
Below list68.0%More than 1% under list
Price reduced23.1%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)0.1124 pending ÷ 216 (active + under contract)
New / closed1.7746 listed in 30 days vs 26 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 Norcross

High confidence. 556 closings in the last 12 months.

  • Buyers search this school district. It is the competitive set for your home, more than the city median.
  • Recent closings center around $527,509. About $210 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 8.0 months of supply on last month’s pace. Expect about 20 days if you price correctly. Longer than that usually means the price is high.
  • 68.0% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale in the Norcross High School district →

What this means if you are listing in Norcross

  • Price to the closed median and $/SF here ($391,000, $210), not the market-wide number. This market is below the broader market by 1.0% on median.
  • With 8.0 months of supply, expect about 18 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 68.0% of recent closings were below list and 23.1% 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 the Norcross High School district →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 23.1% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or market-wide median.
  • 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 $300k5322.1%
$300–500k6125.4%
$500–750k8133.8%
$750k–1M2711.3%
$1M+187.5%

Property types

TypeListedMedian ask
Townhouse101$520,000
Single Family Residence94$610,450
Condominium45$269,500

208 active, 8 under contract, 24 pending. 46 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 202626$391,000$2101897.7%68.0%23.1%
Sep 202647$398,900$2073997.3%68.1%38.3%
Aug 202649$585,000$20913100.0%34.7%28.6%
Jul 202658$593,213$2071598.6%56.1%25.9%
Jun 202663$507,000$2061399.1%46.8%23.8%
May 202665$548,500$2181899.0%49.2%24.6%
Apr 202647$520,000$2062299.3%45.7%36.2%
Mar 202651$570,000$2151399.0%50.0%29.4%
Feb 202641$624,900$2162098.8%52.5%24.4%
Jan 202622$500,000$2002299.2%50.0%27.3%
Dec 202552$461,250$2082998.9%54.0%28.8%
Nov 202535$560,000$2193398.7%60.0%34.3%
Oct 202540$493,500$2102298.5%60.0%45.0%
Sep 202549$450,000$19528100.0%30.6%42.9%
Aug 202536$468,000$2082198.2%55.6%44.4%
Jul 202559$550,000$21813100.0%40.7%23.7%
Jun 202561$565,000$2152798.4%55.7%32.8%
May 202539$502,900$2161999.2%48.7%20.5%
Apr 202548$550,000$21111100.0%37.5%22.9%
Mar 202553$614,000$2181699.5%41.5%24.5%
Feb 202544$465,200$2222298.6%52.3%25.0%
Jan 202527$585,000$2041998.8%55.6%33.3%
Dec 202447$505,000$20722100.0%48.9%29.8%
Nov 202435$425,000$2181699.1%45.7%31.4%

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