Is Habersham 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, Habersham County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $193K | -34.6% |
2 Bedrooms | $201K | $244.1K | +21.5% |
3 Bedrooms | $280.6K | $300.9K | +7.2% |
4 Bedrooms | $385.3K | $379.9K | -1.4% |
5+ Bedrooms | $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 | $205.2K | $248.4K | +21.1% |
White County | $320K | $351.1K | +9.7% |
Habersham County | $297.6K | $320.3K | +7.6% |
Towns County | $369.6K | $389.7K | +5.4% |
Rabun County | $385K | $401.6K | +4.3% |
Housing Supply in Habersham County, GA
How many homes are available in Habersham County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
244 | 274 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 28 | 27 | -3.6% |
3 Bedrooms | 106 | 116 | +9.4% |
4 Bedrooms | 70 | 92 | +31.4% |
5+ Bedrooms | 31 | 30 | -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 2024 | May 2024 | CHANGE |
---|---|---|
56 | 63 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 17 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
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.