Is Chattooga County, 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, Chattooga County has remained a Seller's Market.
Housing Prices in Chattooga County, GA
How much do homes in Chattooga County, GA cost?
Median Sold Price
$205,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chattooga County was $205,000 in May 2024, up 5.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $200K | +42.9% |
2 Bedrooms | $122.9K | $144.2K | +17.3% |
3 Bedrooms | $205K | $212.7K | +3.8% |
4 Bedrooms | $305.1K | $322.5K | +5.7% |
5+ Bedrooms | $213K | $487K | +128.7% |
Summary: Chattooga County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 128.7%.
Median Sold Price Compared To Nearby Counties
Walker County | $216.2K | $238.5K | +10.4% |
Floyd County | $223.6K | $241.9K | +8.2% |
Chattooga County | $194.9K | $205K | +5.2% |
Housing Supply in Chattooga County, GA
How many homes are available in Chattooga County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
93 | 112 | +20.4% |
Summary: The Chattooga County real estate market had 112 homes for sale in May 2024, a 20.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 25 | 33 | +32.0% |
3 Bedrooms | 44 | 53 | +20.5% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Chattooga County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 32%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 38 | +137.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Chattooga County in May 2024, up by 137.5% month-over-month. Of the 35 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.
Days on Market for Chattooga County, GA
How long does it take to sell a home in Chattooga County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 43 Days | -0.5% |
Summary: Homes in Chattooga County had an average of 43 days on market in May 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in Chattooga County; 37% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.