Is Whitfield County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitfield County is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Whitfield County was a Seller's Market.

Key Takeaway

Whitfield County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Whitfield County, GA

How much do homes in Whitfield County, GA cost?

Median Sold Price

$268,250

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$28,300(+11.8%)

Key Takeaway

Homes in Whitfield County have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Whitfield County was $268,250 in May 2024, up 11.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $155K$35K
-77.4%
2 $147.2K$198K
+34.5%
3 $229.2K$256.3K
+11.8%
4 $325K$370K
+13.8%
5+ $350K$467K
+33.4%

Summary: Whitfield County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes increased by 34.5%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 33.4%.

Median Sold Price Compared To Nearby Counties

Whitfield County
+11.8%
Walker County
+10.4%
Gordon County
+4.2%
Catoosa County
+3.6%
Murray County
0.4%

Housing Supply in Whitfield County, GA

How many homes are available in Whitfield County, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
206242+17.5%

Summary: The Whitfield County real estate market had 242 homes for sale in May 2024, a 17.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1923
+21.1%
3 112130
+16.1%
4 4956
+14.3%
5+ 2532
+28.0%

Summary: The Whitfield 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 increased by 21.1%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 28%.

Number of Homes Sold

Apr 2024May 2024CHANGE
35350.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitfield County, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Whitfield County in May 2024, the same as the previous month. Of the 33 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.

Days on Market for Whitfield County, GA

How long does it take to sell a home in Whitfield County, GA?

Average Sale Time

May 2023May 2024CHANGE
21 Days38 Days+80.0%

Summary: Homes in Whitfield County had an average of 38 days on market in May 2024, up by 80% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Whitfield County has remained consistent over time.

Summary: During May 2024, 35 homes were sold in Whitfield County; 20% of homes were sold within 30 days, 23% 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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