Is North Paulding, 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, North Paulding has remained a Seller's Market.
Key Takeaway
North Paulding is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Paulding, GA
How much do homes in North Paulding, GA cost?
Median Sold Price
$424,380
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Paulding have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in North Paulding was $424,380 in May 2024, up 2.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | $325.4K | -14.4% |
| 3 Bedrooms | $350K | $359.9K | +2.9% |
| 4 Bedrooms | $410K | $419.9K | +2.4% |
| 5+ Bedrooms | $497.9K | $520.8K | +4.6% |
Summary: North Paulding 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 decreased by 14.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Cities
| Euharlee-Taylorsville | $300K | $400K | +33.3% |
| Acworth-Kennesaw | $415.2K | $434.9K | +4.7% |
| North Paulding | $414.9K | $424.3K | +2.3% |
| Cartersville | $324.5K | $330K | +1.7% |
Housing Supply in North Paulding, GA
How many homes are available in North Paulding, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 406 | 441 | +8.6% |
Summary: The North Paulding real estate market had 441 homes for sale in May 2024, a 8.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 108 | 128 | +18.5% |
| 4 Bedrooms | 156 | 169 | +8.3% |
| 5+ Bedrooms | 131 | 132 | +0.8% |
Summary: The North Paulding housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 0.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 100 | 99 | -1.0% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Paulding, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 99 homes were sold or pending in North Paulding in May 2024, down by 1.0% month-over-month. Of the 97 sold homes, 41% were sold under asking, 30% were sold at asking, and 29% were sold over asking.
Days on Market for North Paulding, GA
How long does it take to sell a home in North Paulding, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 35 Days | -3.8% |
Summary: Homes in North Paulding had an average of 35 days on market in May 2024, down by 3.8% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Paulding are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 99 homes were sold in North Paulding; 62% of homes were sold within 30 days, 25% 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.