Is Dade County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dade County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$14,000(+5.7%)

Key Takeaway

Homes in Dade County have sold for 5.7% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $150K$122K
-18.7%
2 $156.5K$192.5K
+23.0%
3 $245K$260K
+6.1%
4 $335K$399.5K
+19.3%
5+ $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
+25.0%
Walker County
+10.4%
Dade County
+5.7%
Hamilton County
+2.7%

Housing Supply in Dade County, GA

How many homes are available in Dade County, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6169+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 3845
+18.4%
4 1214
+16.7%
5+ 45
+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 2024May 2024CHANGE
15150.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dade County, you may be able to get a good deal. 40% of homes here sold below asking price last month.

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 2023May 2024CHANGE
43 Days14 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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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