So many exciting things happened in Acworth in 2017, and more are planned for 2018.
- Logan Farm House was renovated and is now a premier event center that can be leased.
- Art House was created through the renovation of another historic home, and now houses an art gallery and classes.
- Construction of a pedestrian overpass has started, and will be a new gateway to our city on Cherokee Street.
- Construction is starting on The Holbrook Acworth, an independent living community on Main Street.
With so many great things happening in Acworth, home values continue to climb. Everyone wants to be a part of this work, live and play community. And, why not? We have two beautiful lakes, amazing restaurants, parks and green space.
Mayor Tommy Allegood had it right in his state of the city address when he said Acworth is the right place, right now. There truly never has been a better time to be in Acworth.
The Historic Downtown Acworth market continues to be one of the hottest areas for sales. Homes are sold under the radar, and buyers are knocking on doors and flooding the streets with letters begging homeowners to sell their homes.
Inventory is very low.
Soon, construction will begin on 12 single-family homes — infill building — nestled between Lombardy and Academy streets. Demolition has started on the old structures, and new homes will be ready by summer. Homes will offer 2,000 to 2,500 square feet, and be priced in the high $200,000s.
A recap of our fantastic 2017 market:
Cobb County, Acworth. The 2017 median home sales price was $230,000 (a 10 percent increase from 2016). The average number of days on the market was 17, and 1,039 homes were sold.
Paulding County, Acworth. The 2017 median home price was $291,677 (a 7 percent increase from 2016). The average number of days on the market was 36, and 316 homes were sold.
Cherokee County, Acworth. The 2017 median home price was $226,191 (a 26 percent increase from 2016). The average number of days on the market was 18, and 386 homes were sold.
Bartow County, Acworth. The 2017 median home price was $159,800 (a 29 percent increase from 2016). The average number of days on the market was 15, and 71 homes were sold.
(Data is from FMLS. Figures do not reflect homes sold under the radar. Sales represent detached homes only.)
I look forward to seeing what 2018 holds.
By Malinda Howe. She lives, works and plays in Historic Downtown Acworth and is a broker and owner of Anchor Realty Partners. Howe also is vice chairwoman of the Acworth Tourism Board.