Cobb County Real Estate Market Update for May 2025

As of spring 2025, Cobb County, Georgia, continues to exhibit a dynamic residential real estate market characterized by rising home prices, increasing inventory, and a shift toward a more balanced market.

 

Median Sale Price: In April 2025, the median home sale price in Cobb County reached approximately $439,012, marking a 3.3% increase from the previous year. 

 

Price per Square Foot: The median price per square foot stood at $201. 

 

Price Trends by Bedrooms:

 

• 1-bedroom homes saw a 4.0% increase. 
• 2-bedroom homes remained relatively stable with a 0.1% increase. 
• 3-bedroom homes experienced a 1.4% rise. 
• 4-bedroom homes appreciated by 4.3%. 
• 5+ bedroom homes increased by 3.3%. 

Homes for Sale: The number of homes for sale in Cobb County increased by 18.9% from March to April 2025, totaling 4,918 listings.

 

Homes Sold: In April 2025, 881 homes were sold, a 1.6% increase from the previous month.

 

Days on Market: The average time a home stayed on the market was 34 days, up from 25 days in April 2024, indicating a 33.1% increase year-over-year.

 

Sale-to-List Price Ratio: Homes in Cobb County sold for approximately 98.7% of their listing price in April 2025. 

 

Pricing Outcomes:

 

• 27% of homes sold above asking price. 
• 24% sold at asking price. 
• 49% sold below asking price. 

Median Sale Price: Northeast Cobb reported a median sale price of $598,454 in April 2025, reflecting an 8.8% year-over-year increase.

 

Inventory Growth: The area saw a 26.2% increase in homes for sale from March to April 2025.

 

Market Dynamics:

 

• 41% of homes sold above asking price. 
• 15% sold at asking price. 
• 44% sold below asking price. 

The Cobb County real estate market is transitioning from a strong seller's market to a more balanced state. While home prices continue to rise, the increasing inventory provides more options for buyers. However, the market remains competitive, especially for well-priced and move-in-ready homes. Buyers should be prepared to act swiftly, and sellers should ensure their properties are well-presented to attract offers.