Is Cartersville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cartersville has remained a Seller's Market.
Key Takeaway
Cartersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cartersville, GA
How much do homes in Cartersville, GA cost?
Median Sold Price
$330,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Cartersville have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Cartersville was $330,000 in May 2024, up 1.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $215K | $225K | +4.7% |
| 3 Bedrooms | $299.9K | $300K | 0.0% |
| 4 Bedrooms | $375.4K | $388.9K | +3.6% |
| 5+ Bedrooms | $450K | $505K | +12.2% |
Summary: Cartersville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
| Cartersville | $324.5K | $330K | +1.7% |
| White-Pine Log | $355K | $330K | -7.0% |
Housing Supply in Cartersville, GA
How many homes are available in Cartersville, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 346 | 376 | +8.7% |
Summary: The Cartersville real estate market had 376 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 25 | 20 | -20.0% |
| 3 Bedrooms | 127 | 151 | +18.9% |
| 4 Bedrooms | 133 | 136 | +2.3% |
| 5+ Bedrooms | 60 | 67 | +11.7% |
Summary: The Cartersville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 86 | 79 | -8.1% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cartersville, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.
Summary: A total of 79 homes were sold or pending in Cartersville in May 2024, down by 8.1% month-over-month. Of the 78 sold homes, 45% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Cartersville, GA
How long does it take to sell a home in Cartersville, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 34 Days | -12.0% |
Summary: Homes in Cartersville had an average of 34 days on market in May 2024, down by 12% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cartersville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 79 homes were sold in Cartersville; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.