FMLS Residential · county

Cobb

Closed sales series. Latest median $424,750 (-0.1% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 2,907 active · 140 under contract · 466 pending. Total residential listings by status: 3,513.

Data confidence: High. 8,689 closings in the last 12 months. Enough closings to read a trend.

Latest median$424,750-0.1% YoY
Months of supply4.3Balanced · 4.0 on 724/mo trailing-12
$/SF$195-0.5% YoY
DOM26+6.3% YoY
Sale/list98.8%51.9% below

Versus the FMLS footprint

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

Median price+7.5%$424,750 vs $395,000 FMLS-wide
$/SF+4.4%$195 vs $187 FMLS-wide
DOM-23%26 days vs 33 FMLS-wide
Sale/list-0.1 pts98.8% vs 98.8%

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.

60
Softening

3-month volume-weighted median $437,485 (-1.0% vs same 3 months last year) on 2,192 closings. Latest month is $424,750. Confidence: High (2,192 closings in 3 months).

3-month $/SF is down 1.1% versus the same 3 months last year.

Months of supply33
4.3 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 price45
-1.0% · 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 / closed74
1.54 · 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
0.15 · 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 reduced61
37% · 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
+33.0% · 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

4.3 months of supply on last month’s pace (2,907 active ÷ 670 closings). 4.0 months on the trailing-12 pace (average 724 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 51.9% of last month’s closings were below list. Days on market are up 6% from a year ago.

Homes for sale in Cobb County, GA →

How homes actually closed

Above list13.0%More than 1% over list
At list35.0%Within 1% of list
Below list51.9%More than 1% under list
Price reduced37.5%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)0.15466 pending ÷ 3,047 (active + under contract)
New / closed1.541,031 listed in 30 days vs 670 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 Cobb

High confidence. 8,689 closings in the last 12 months.

  • The county is context, not a price for your house. A county median blends starter homes and estates.
  • County median is $424,750. Use your city, school zone, or subdivision for the number. Use the county to see if the broader market is tightening or loosening.
  • 4.3 months of supply countywide, 4.0 on the trailing-12 pace. The heading is softening. That tells you about leverage, not your home’s value.
  • Before you list or refinance against a number, pull the city and neighborhood pages and the live inventory. Homes for sale in Cobb County, GA →

What this means if you are listing in Cobb

  • Price to the closed median and $/SF here ($424,750, $195), not the FMLS-wide number. This market is above the FMLS footprint by 7.5% on median.
  • With 4.3 months of supply, expect about 26 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 51.9% of recent closings were below list and 37.5% 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 Cobb County, 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 37.5% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or FMLS-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 $300k53515.2%
$300–500k1,60845.8%
$500–750k81623.2%
$750k–1M3349.5%
$1M+2206.3%

Property types

TypeListedMedian ask
Single Family Residence2,523$498,000
Townhouse671$389,990
Condominium319$250,000

2,907 active, 140 under contract, 466 pending. 1,031 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

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

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 2026670$424,750$1952698.8%51.9%37.5%
Aug 2026725$430,000$1922499.2%47.6%39.4%
Jul 2026797$455,000$1992199.2%48.1%34.0%
Jun 2026920$454,745$2001999.1%49.1%30.5%
May 2026974$445,000$2041799.7%44.2%30.4%
Apr 2026821$460,000$1991799.6%44.8%31.1%
Mar 2026777$430,000$1992299.3%46.7%30.9%
Feb 2026597$430,000$1983399.2%48.2%34.5%
Jan 2026415$415,000$1903998.5%55.4%41.9%
Dec 2025706$423,750$1923298.8%53.8%44.3%
Nov 2025587$415,000$1952699.1%49.1%39.7%
Oct 2025700$420,600$1972598.9%52.6%38.9%
Sep 2025749$425,000$1962498.9%52.5%40.1%
Aug 2025777$435,000$1982299.3%47.1%40.2%
Jul 2025820$464,450$1982299.2%47.4%38.5%
Jun 2025930$455,000$2041799.7%45.0%30.1%
May 2025897$453,500$20515100.0%41.6%28.2%
Apr 2025789$445,000$20714100.0%39.8%28.3%
Mar 2025680$439,900$2021899.5%45.8%33.2%
Feb 2025566$427,552$2032699.7%44.3%31.3%
Jan 2025473$411,000$1993398.6%54.5%35.9%
Dec 2024713$425,000$1972999.3%44.7%37.7%
Nov 2024638$423,018$2002499.3%46.8%40.4%
Oct 2024691$415,000$2002098.9%51.8%34.0%

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

Homes for sale in Cobb County, GA → · ← FMLS report