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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Abbottsford is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Abbottsford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Abbottsford, GA

How much do homes in Abbottsford, GA cost?

Median Sold Price

$338,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,000(+24.7%)

Key Takeaway

Homes in Abbottsford have sold for 24.7% more than they did a year ago.

Summary: The median home sold price in Abbottsford was $338,000 in November 2024, up 24.7% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $167.5K$299.9K
+79.1%
3 $266.5K$303.7K
+14.0%
4 $419.9K$342.5K
-18.4%
5+ $300K$510K
+70.0%

Summary: Abbottsford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 79.1%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 70%.

Housing Supply in Abbottsford, GA

How many homes are available in Abbottsford, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The Abbottsford real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 74
-42.9%
4 44
0.0%
5+ 34
+33.3%

Summary: The Abbottsford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Abbottsford, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Abbottsford in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Abbottsford, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days55 Days+315.1%

Summary: Homes in Abbottsford had an average of 55 days on market in Nov 2024, up by 315.1% compared to last year.

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 Abbottsford has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Abbottsford; 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 2 Days Ago

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