Is North Whitfield, 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 Whitfield has remained a Seller's Market.
Housing Prices in North Whitfield, GA
How much do homes in North Whitfield, GA cost?
Median Sold Price
$349,950
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Whitfield was $349,950 in May 2024, up 27.5% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $35K | -77.4% |
2 Bedrooms | $175.5K | $210K | +19.7% |
3 Bedrooms | $246.9K | $298.5K | +20.9% |
4 Bedrooms | $377.5K | $457.5K | +21.2% |
5+ Bedrooms | $413.5K | $610K | +47.5% |
Summary: North Whitfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 47.5%.
Median Sold Price Compared To Nearby Cities
Varnell | $184.9K | $380K | +105.5% |
Cohutta | $227.5K | $410K | +80.2% |
North Whitfield | $274.5K | $349.9K | +27.5% |
Housing Supply in North Whitfield, GA
How many homes are available in North Whitfield, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 61 | +35.6% |
Summary: The North Whitfield real estate market had 61 homes for sale in May 2024, a 35.6% 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 | 3 | 7 | +133.3% |
3 Bedrooms | 30 | 41 | +36.7% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The North Whitfield 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 133.3%, 3 bedroom homes increased by 36.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in North Whitfield in May 2024, up by 83.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for North Whitfield, GA
How long does it take to sell a home in North Whitfield, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 39 Days | +203.8% |
Summary: Homes in North Whitfield had an average of 39 days on market in May 2024, up by 203.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in North Whitfield; 18% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.