Is Trenton, 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, Trenton has remained a Seller's Market.
Housing Prices in Trenton, GA
How much do homes in Trenton, GA cost?
Median Sold Price
$270,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Trenton was $270,000 in May 2024, up 10.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $79K | $131K | +65.8% |
2 Bedrooms | $134K | $135K | +0.7% |
3 Bedrooms | $230K | $265K | +15.2% |
4 Bedrooms | $300K | $375K | +25.0% |
5+ Bedrooms | $245K | - | N/A |
Summary: Trenton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.8%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.
Housing Supply in Trenton, GA
How many homes are available in Trenton, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 40 | +21.2% |
Summary: The Trenton real estate market had 40 homes for sale in May 2024, a 21.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 23 | 28 | +21.7% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Trenton 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 20%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Trenton in May 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Trenton, GA
How long does it take to sell a home in Trenton, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 3 Days | -94.2% |
Summary: Homes in Trenton had an average of 3 days on market in May 2024, down by 94.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Trenton; 10% 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.