Is Sand Mountain, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sand Mountain is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Sand Mountain has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sand Mountain, GA

How much do homes in Sand Mountain, GA cost?

Median Sold Price

$275,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,600(+6.8%)

Key Takeaway

Homes in Sand Mountain have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Sand Mountain was $275,000 in May 2024, up 6.8% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $125K-
N/A
2 $156.5K$229K
+46.3%
3 $275K$283.5K
+3.1%
4 $444.9K$330K
-25.8%
5+ $470K-
N/A

Summary: Sand Mountain housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 25.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rising Fawn
+44.8%
Sand Mountain
+6.8%

Housing Supply in Sand Mountain, GA

How many homes are available in Sand Mountain, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1113+18.2%

Summary: The Sand Mountain real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 812
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Sand Mountain 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sand Mountain, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sand Mountain in May 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Sand Mountain, GA

We’re sorry, we don't have information for this market at the moment

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 Sand Mountain, GA

Nearby Markets to Sand Mountain, GA

What housing markets are near Sand Mountain, GA?