Is Warthen, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warthen is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Warthen has remained a Seller's Market.

Key Takeaway

Warthen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Warthen, GA

How much do homes in Warthen, GA cost?

Median Sold Price

$295,000

$54/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$55,000(-15.7%)

Key Takeaway

Homes in Warthen have sold for 15.7% less than they did a month ago.

Summary: The median home sold price in Warthen was $295,000 in May 2024, down 15.7% from last month, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K-
N/A
4 --
N/A
5+ -$295K
N/A

Summary: Warthen housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Warthen, GA

How many homes are available in Warthen, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
21-50.0%

Summary: The Warthen real estate market had 1 homes for sale in May 2024, a 50.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Warthen 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warthen, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Warthen in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Warthen, GA

How long does it take to sell a home in Warthen, GA?

Average Sale Time

Apr 2024May 2024CHANGE
188 Days14 Days-92.6%

Summary: Homes in Warthen had an average of 14 days on market in May 2024, down by 92.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Warthen are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Warthen; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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