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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worthville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Worthville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Worthville, GA

How much do homes in Worthville, GA cost?

Median Sold Price

$302,750

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,750(+3.7%)

Key Takeaway

Homes in Worthville have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Worthville was $302,750 in May 2024, up 3.7% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $557.5K-
N/A
2 $300K$240K
-20.0%
3 $258K$279.9K
+8.5%
4 $353.5K$364.2K
+3.0%
5+ $379K$522.5K
+37.9%

Summary: Worthville 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 20%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 37.9%.

Median Sold Price Compared To Nearby Cities

South Newton
+4.9%
Worthville
+3.7%

Housing Supply in Worthville, GA

How many homes are available in Worthville, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5962+5.1%

Summary: The Worthville real estate market had 62 homes for sale in May 2024, a 5.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2836
+28.6%
4 1613
-18.8%
5+ 74
-42.9%

Summary: The Worthville 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 12.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1218+50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worthville, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Worthville in May 2024, up by 50.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.

Days on Market for Worthville, GA

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

Average Sale Time

May 2023May 2024CHANGE
88 Days48 Days-45.7%

Summary: Homes in Worthville had an average of 48 days on market in May 2024, down by 45.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 18 homes were sold in Worthville; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 8 Days Ago

Newest Listings in Worthville, GA

Nearby Markets to Worthville, GA

What housing markets are near Worthville, GA?