New - 8 hours on Rocket
$3,384 Closing Credit¹
#10453467, Odessa Patterson, Listing Office: Odessa Realty LLC
Forest Park-Morrow Housing Market Report January 2025•Clayton County, Georgia
Housing Prices in Forest Park-Morrow, GA
How much do homes in Forest Park-Morrow, GA cost?
Housing Market Conditions
Is Forest Park-Morrow, GA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Forest Park-Morrow is a Neutral Market
Difference Since January 2024
At the same time last year, Forest Park-Morrow was a Seller's Market.
Insight
Forest Park-Morrow is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$229,925$140/SqFt
-$2,984
-1.3%
Based on all homes sold in the last 12 months
Insight
Homes in Forest Park-Morrow have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Forest Park-Morrow was $229,925 in January 2025, down 1.3% from last year, and the median price per square foot was $140.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Morrow | $230.5K | $235K | +2.0% |
| Rex | $250K | $255K | +2.0% |
| Forest Park-Morrow | $232.9K | $229.9K | -1.3% |
| Forest Park | $207.2K | $185K | -10.7% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $60K | $170K | +183.3% |
| 22 Bedrooms | $160K | $147K | -8.1% |
| 33 Bedrooms | $224.4K | $214.9K | -4.3% |
| 44 Bedrooms | $270K | $269.4K | -0.2% |
| 55+ Bedrooms | $298.5K | $300K | 0.5% |
Summary: Forest Park-Morrow housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +183.3%. The home price for 2 bedroom homes decreased by -8.1%. The home price for 3 bedroom homes decreased by -4.3%. The home price for 4 bedroom homes decreased by -0.2%. The home price for 5 bedroom homes increased by 0.5%.
Housing supply in Forest Park-Morrow, GA
How many homes are available in Forest Park-Morrow, GA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 404Last MonthJan 2025 | ||
| 3422 months agoDec 2024 | +18.1 % Change MoMDec – Jan |
Summary: The Forest Park-Morrow real estate market had 404 homes for sale in Jan 2025, a 18.1 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 62Last MonthJan 2025 | ||
| 702 months agoDec 2024 | -11.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 25 | 30 | +20.0% |
| 33 Bedrooms | 183 | 216 | +18.0% |
| 44 Bedrooms | 93 | 117 | +25.8% |
| 55+ Bedrooms | 40 | 40 | 0.0% |
Summary: Forest Park-Morrow housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +18.0%. The inventory for 4 bedroom homes increased by +25.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Forest Park-Morrow, GA cost?
Over Asking Price7 Homes
At Asking Price14 Homes
Under Asking Price36 Homes
Insight
If you're buying a home in Forest Park-Morrow, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 62 homes were sold or pending in Forest Park-Morrow in January 2025, down by 11.4% month-over-month. Of the 57 sold homes, 63% were sold under asking, 25% were sold at asking, and and 12% were sold over asking.
Days on Market for Forest Park-Morrow, GA
How long does it take to sell a home in Forest Park-Morrow, GA?
Breakdown of Home Sale Times
Under 30 Days21 Homes
30 – 90 Days29 Homes
Over 90 Days12 Homes
Insight
Avg time on Rocket Homes in Forest Park-Morrow has remained consistent over time.
Summary: During January 2025, 62 homes were sold in Forest Park-Morrow; 34% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 53 DaysThis YearJan 2025 | ||
| 36 Days1 year agoJan 2024 | +46.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Forest Park-Morrow had an average listing age of 53 days in Jan 2025, up by 46.2% compared to the previous year.
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Newest Listings in Forest Park-Morrow, GA
What homes are available in Forest Park-Morrow, GA?
New - 10 hours on Rocket
$4,513 Closing Credit¹
#10453316, Susan H Ayers, Listing Office: Clickit Realty Inc.
New - 20 hours on Rocket3D tour
$3,086 Closing Credit¹
#7519648, Lee Nicholson, Listing Office: Covenant Realty, Inc.
New - 1 day on Rocket
$2,969 Closing Credit¹
#7519276, Kara Lyness, Listing Office: HomeSmart
New - 1 day on Rocket
$2,791 Closing Credit¹
#7517651, Dreton Lena, Listing Office: Mainstay Brokerage LLC
New - 1 day on Rocket
$2,541 Closing Credit¹
#7519455, Veronica Mattioli, Listing Office: Vantage Brokerage GA, LLC
New - 1 day on Rocket
$3,266 Closing Credit¹
#7517714, Dreton Lena, Listing Office: Mainstay Brokerage LLC
New - 1 day on Rocket
$3,325 Closing Credit¹
#10452415, Angelica Briceno, Listing Office: La Rosa Realty Georgia LLC
New - 1 day on Rocket
$3,325 Closing Credit¹
#7518395, Angelica Briceno, Listing Office: La Rosa Realty Georgia
New - 1 day on Rocket
$5,225 Closing Credit¹
#7519023, Mark Spain, Listing Office: Mark Spain Real Estate
New - 1 day on Rocket
$3,503 Closing Credit¹
#7518792, Mark Spain, Listing Office: Mark Spain Real Estate
New - 2 days on Rocket
$3,028 Closing Credit¹
#7518891, Nela Urena, Listing Office: Maximum One Realtor Partners
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MLS Disclaimers and Copyright
Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 02/01/2023 - 02/01/2025
Based on information from the Georgia MLS © 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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Last updated on: 2/5/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.