Is Rockmart, 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, Rockmart has remained a Seller's Market.
Key Takeaway
Rockmart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rockmart, GA
How much do homes in Rockmart, GA cost?
Median Sold Price
$266,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rockmart have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Rockmart was $266,000 in May 2024, up 3.5% 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 | $89K | $93K | +4.5% |
| 2 Bedrooms | $152.5K | $170K | +11.5% |
| 3 Bedrooms | $255K | $264.7K | +3.8% |
| 4 Bedrooms | $292.5K | $320K | +9.4% |
| 5+ Bedrooms | $340K | $362.5K | +6.6% |
Summary: Rockmart housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 6.6%.
Housing Supply in Rockmart, GA
How many homes are available in Rockmart, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 133 | 141 | +6.0% |
Summary: The Rockmart real estate market had 141 homes for sale in May 2024, a 6.0% 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 | 17 | 19 | +11.8% |
| 3 Bedrooms | 76 | 76 | 0.0% |
| 4 Bedrooms | 26 | 36 | +38.5% |
| 5+ Bedrooms | 14 | 10 | -28.6% |
Summary: The Rockmart 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 11.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockmart, you could pay more than the asking price. 39.1% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Rockmart in May 2024, down by 25.0% month-over-month. Of the 23 sold homes, 30% were sold under asking, 30% were sold at asking, and 39% were sold over asking.
Days on Market for Rockmart, GA
How long does it take to sell a home in Rockmart, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 20 Days | -40.6% |
Summary: Homes in Rockmart had an average of 20 days on market in May 2024, down by 40.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockmart are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 24 homes were sold in Rockmart; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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.