Is Trenton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trenton is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$25,000(+10.2%)

Key Takeaway

Homes in Trenton have sold for 10.2% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $79K$131K
+65.8%
2 $134K$135K
+0.7%
3 $230K$265K
+15.2%
4 $300K$375K
+25.0%
5+ $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 2024May 2024CHANGE
3340+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2328
+21.7%
4 57
+40.0%
5+ 01
+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 2024May 2024CHANGE
910+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trenton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2023May 2024CHANGE
51 Days3 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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