Is 39840, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 39840 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 39840 was a Neutral Market.

Key Takeaway

39840 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 39840, GA

How much do homes in 39840, GA cost?

Median Sold Price

$9,000

$7/sqft

Based on all homes sold in November 2024.

The Median Sold Price hasn't changed since October 2024.

Key Takeaway

The sold price of homes in 39840 has remained the same since last month.

Summary: The median home sold price in 39840 was $9,000 in November 2024, the same as last month, and the median price per square foot was $7.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $9K$9K
0.0%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 39840 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 39840, GA

How many homes are available in 39840, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The 39840 real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 11
0.0%
3 12
+100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 39840 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 39840, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 39840 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 39840, GA

How long does it take to sell a home in 39840, GA?

Average Sale Time

Oct 2024Nov 2024CHANGE
112 Days46 Days-58.9%

Summary: Homes in 39840 had an average of 46 days on market in Nov 2024, down by 58.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 39840 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 39840; 0% of homes were sold within 30 days, 100% 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 22 Days Ago

Newest Listings in 39840, GA

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