Is Pickens County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Pickens County was a Seller's Market.
Housing Prices in Pickens County, GA
How much do homes in Pickens County, GA cost?
Median Sold Price
$414,866
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pickens County was $414,866 in May 2024, up 7.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115.7K | $319K | +175.6% |
2 Bedrooms | $284.5K | $300K | +5.4% |
3 Bedrooms | $350K | $369K | +5.4% |
4 Bedrooms | $500K | $518K | +3.6% |
5+ Bedrooms | $610K | $615K | +0.8% |
Summary: Pickens County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 175.6%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Counties
Cherokee County | $431.5K | $464.9K | +7.8% |
Pickens County | $386.8K | $414.8K | +7.3% |
Gilmer County | $425.2K | $450.2K | +5.9% |
Gordon County | $259.6K | $270.4K | +4.2% |
Dawson County | $411.7K | $420K | +2.0% |
Housing Supply in Pickens County, GA
How many homes are available in Pickens County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
397 | 436 | +9.8% |
Summary: The Pickens County real estate market had 436 homes for sale in May 2024, a 9.8% 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 | 41 | 40 | -2.4% |
3 Bedrooms | 168 | 202 | +20.2% |
4 Bedrooms | 131 | 135 | +3.1% |
5+ Bedrooms | 57 | 58 | +1.8% |
Summary: The Pickens 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 decreased by 2.4%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 1.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 54 | -20.6% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Pickens County in May 2024, down by 20.6% month-over-month. Of the 54 sold homes, 57% were sold under asking, 19% were sold at asking, and 24% were sold over asking.
Days on Market for Pickens County, GA
How long does it take to sell a home in Pickens County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 42 Days | -1.4% |
Summary: Homes in Pickens County had an average of 42 days on market in May 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 54 homes were sold in Pickens County; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.