Is 39845, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 39845 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 39845 was a Buyer's Market.

Key Takeaway

39845 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 39845, GA

How much do homes in 39845, GA cost?

Median Sold Price

$200,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$13,250(-6.2%)

Key Takeaway

Homes in 39845 have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in 39845 was $200,000 in December 2024, down 6.2% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $160K$99.5K
-37.8%
2 $154K$148K
-3.9%
3 $215K$212.5K
-1.2%
4 $280K$249.5K
-10.9%
5+ -$175K
N/A

Summary: 39845 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.8%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

32460
+139.4%
39845
-6.2%

Housing Supply in 39845, GA

How many homes are available in 39845, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3634-5.6%

Summary: The 39845 real estate market had 34 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1011
+10.0%
3 1815
-16.7%
4 77
0.0%
5+ 00
0.0%

Summary: The 39845 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

5 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 39845, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 39845 in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 39845, GA

How long does it take to sell a home in 39845, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
52 Days97 Days+86.5%

Summary: Homes in 39845 had an average of 97 days on market in Dec 2024, up by 86.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 39845 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 6 homes were sold in 39845; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in 39845, GA

Nearby Markets to 39845, GA