$1,602 Closing Credit*
$134,900
2 Beds
•1 Full Bath
Tenga Schieber, Listing Office: Wynd Realty Georgia
Is Alto, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Alto was a Seller's Market.
Key Takeaway
Alto is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Alto, GA
How much do homes in Alto, GA cost?
Median Sold Price
$279,950
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,700(+3.2%)
Key Takeaway
Homes in Alto have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Alto was $279,950 in November 2024, up 3.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193K | - | N/A |
| 2 Bedrooms | $144.9K | $201K | +38.8% |
| 3 Bedrooms | $269.9K | $279.9K | +3.7% |
| 4 Bedrooms | $315K | $335K | +6.3% |
| 5+ Bedrooms | $435.5K | $280K | -35.7% |
Summary: Alto 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 38.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 35.7%.
Median Sold Price Compared To Nearby Cities
| Alto | $271.2K | $279.9K | +3.2% |
| Baldwin | $275K | $248.2K | -9.7% |
Housing Supply in Alto, GA
How many homes are available in Alto, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Alto real estate market had 25 homes for sale in November 2024, a 7.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Alto 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 decreased by 66.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alto, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Alto in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Alto, GA
How long does it take to sell a home in Alto, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 65 Days | -4.7% |
Summary: Homes in Alto had an average of 65 days on market in Nov 2024, down by 4.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Alto are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Alto; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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