Is Dade 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, Dade County has remained a Seller's Market.
Housing Prices in Dade County, GA
How much do homes in Dade County, GA cost?
Median Sold Price
$260,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dade County was $260,000 in May 2024, up 5.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $122K | -18.7% |
2 Bedrooms | $156.5K | $192.5K | +23.0% |
3 Bedrooms | $245K | $260K | +6.1% |
4 Bedrooms | $335K | $399.5K | +19.3% |
5+ Bedrooms | $470K | $675K | +43.6% |
Summary: Dade County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.7%, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 43.6%.
Median Sold Price Compared To Nearby Counties
Marion County | $232K | $290K | +25.0% |
Walker County | $216.2K | $238.5K | +10.4% |
Dade County | $246K | $260K | +5.7% |
Hamilton County | $350K | $359.5K | +2.7% |
Housing Supply in Dade County, GA
How many homes are available in Dade County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 69 | +13.1% |
Summary: The Dade County real estate market had 69 homes for sale in May 2024, a 13.1% 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 | 7 | 5 | -28.6% |
3 Bedrooms | 38 | 45 | +18.4% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Dade County 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 decreased by 28.6%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Dade County in May 2024, the same as the previous month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for Dade County, GA
How long does it take to sell a home in Dade County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 14 Days | -67.4% |
Summary: Homes in Dade County had an average of 14 days on market in May 2024, down by 67.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Dade County; 13% 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.