$3,799 Closing Credit*
$319,900
1,680 SqFt
3 Beds
•2 Full Baths
Joey Schramm, Listing Office: Southern Classic Realtors
Is Adel-Sparks, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Adel-Sparks was a Neutral Market.
Key Takeaway
Adel-Sparks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Adel-Sparks, GA
How much do homes in Adel-Sparks, GA cost?
Median Sold Price
$215,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$40,000(+22.9%)
Key Takeaway
Homes in Adel-Sparks have sold for 22.9% more than they did a year ago.
Summary: The median home sold price in Adel-Sparks was $215,000 in December 2024, up 22.9% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $84K | $120K | +42.9% |
| 3 Bedrooms | $167.5K | $174K | +3.9% |
| 4 Bedrooms | $289.9K | $289.9K | 0.0% |
| 5+ Bedrooms | $379.9K | $480K | +26.3% |
Summary: Adel-Sparks 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 42.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes did not change, 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-Sparks, GA
How many homes are available in Adel-Sparks, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 38 | 36 | -5.3% |
Summary: The Adel-Sparks real estate market had 36 homes for sale in December 2024, a 5.3% 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 | 3 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Adel-Sparks 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
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-Sparks, 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-Sparks in December 2024, up by 14.3% 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-Sparks, GA
How long does it take to sell a home in Adel-Sparks, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 16 Days | 70 Days | +325.8% |
Summary: Homes in Adel-Sparks 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-Sparks are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Adel-Sparks; 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.
