$3,561 Closing Credit*
$299,900
1,773 SqFt
5 Beds
•3 Full Baths
Edwin Garcia, Listing Office: Keller Williams Realty Northwest, LLC.
Is Armuchee, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Armuchee has remained a Seller's Market.
Key Takeaway
Armuchee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Armuchee, GA
How much do homes in Armuchee, GA cost?
Median Sold Price
$295,350
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,772(+7.6%)
Key Takeaway
Homes in Armuchee have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Armuchee was $295,350 in November 2024, up 7.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $30K | N/A |
| 2 Bedrooms | $152.4K | $165K | +8.2% |
| 3 Bedrooms | $262.5K | $280K | +6.7% |
| 4 Bedrooms | $369K | $354K | -4.1% |
| 5+ Bedrooms | $629K | $640K | +1.7% |
Summary: Armuchee 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 8.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in Armuchee, GA
How many homes are available in Armuchee, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 75 | -12.8% |
Summary: The Armuchee real estate market had 75 homes for sale in November 2024, a 12.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 44 | 43 | -2.3% |
| 4 Bedrooms | 19 | 10 | -47.4% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Armuchee 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 2.3%, 4 bedroom homes decreased by 47.4%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Armuchee, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Armuchee in November 2024, down by 23.5% month-over-month. Of the 12 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Armuchee, GA
How long does it take to sell a home in Armuchee, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 41 Days | +2.5% |
Summary: Homes in Armuchee had an average of 41 days on market in Nov 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Armuchee has remained consistent over time.
Summary: During November 2024, 13 homes were sold in Armuchee; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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