$3,799 Closing Credit*
$319,900
1,680 SqFt
3 Beds
•2 Full Baths
Joey Schramm, Listing Office: Southern Classic Realtors
Is Adel, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Adel has remained a Seller's Market.
Key Takeaway
Adel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Adel, GA
How much do homes in Adel, GA cost?
Median Sold Price
$223,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$33,050(+17.4%)
Key Takeaway
Homes in Adel have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in Adel was $223,000 in December 2024, up 17.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | $150K | +130.8% |
| 3 Bedrooms | $175K | $180K | +2.9% |
| 4 Bedrooms | $289.9K | $290.9K | 0.3% |
| 5+ Bedrooms | $379.9K | $480K | +26.3% |
Summary: Adel housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 130.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Adel-Sparks | $175K | $215K | +22.9% |
| Adel | $189.9K | $223K | +17.4% |
Housing Supply in Adel, GA
How many homes are available in Adel, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Summary: The Adel real estate market had 30 homes for sale in December 2024, a 6.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Adel 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adel, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Adel in December 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Adel, GA
How long does it take to sell a home in Adel, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 16 Days | 70 Days | +325.8% |
Summary: Homes in Adel had an average of 70 days on market in Dec 2024, up by 325.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Adel are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Adel; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
