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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Habersham County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Habersham County, GA

How much do homes in Habersham County, GA cost?

Median Sold Price

$320,350

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$22,696(+7.6%)

Key Takeaway

Homes in Habersham County have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Habersham County was $320,350 in May 2024, up 7.6% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $295K$193K
-34.6%
2 $201K$244.1K
+21.5%
3 $280.6K$300.9K
+7.2%
4 $385.3K$379.9K
-1.4%
5+ $519K$499K
-3.9%

Summary: Habersham County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.6%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Counties

Stephens County
+21.1%
White County
+9.7%
Habersham County
+7.6%
Towns County
+5.4%
Rabun County
+4.3%

Housing Supply in Habersham County, GA

How many homes are available in Habersham County, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
244274+12.3%

Summary: The Habersham County real estate market had 274 homes for sale in May 2024, a 12.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 99
0.0%
2 2827
-3.6%
3 106116
+9.4%
4 7092
+31.4%
5+ 3130
-3.2%

Summary: The Habersham 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 3.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes decreased by 3.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5663+12.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Habersham County, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Habersham County in May 2024, up by 12.5% month-over-month. Of the 58 sold homes, 38% were sold under asking, 34% were sold at asking, and 28% were sold over asking.

Days on Market for Habersham County, GA

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

Average Sale Time

May 2023May 2024CHANGE
27 Days17 Days-34.7%

Summary: Homes in Habersham County had an average of 17 days on market in May 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 63 homes were sold in Habersham County; 83% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 2% 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

Newest Listings in Habersham County, GA

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