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Cobb Reporter

Thursday, November 21, 2024

Cobb County home valuation prices rose in June compared to the same period in 2023

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In June, the median sale price of a home in Cobb County rose by $23,000 from the same period in the previous year, while total sales decreased by 10.7%, according to BlockShopper.com.

Data shows that there were 948 homes sold in June, with a median sale price of $420,000 - a 5.8% increase over the $397,000 median sale price for the same period of the previous year. There were 1,061 homes sold in Cobb County in June 2023.

For context, the median sales tax in Cobb County, based on the latest available data from 2021, was $2,117, which stands at 0.5% of June's median home sale price.

The following histogram displays changes in median sales prices in Cobb County from June 2023 to June 2024.

June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024$397,000$397,000$400,000$400,000$400,000$400,000$391,390$391,390$379,000$379,000$380,000$380,000$370,000$370,000$370,125$370,125$375,090$375,090$395,500$395,500$396,000$396,000$420,000$420,000$420,000$420,000

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