$10,000 Closing Credit*
$2,200,000
4,931 SqFt
5 Beds
•4 Full Baths, 1 Partial
#1022859, Heather McElroy, Listing Office: BHHS Georgia Properties (Athen
Is Athens, 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, Athens has remained a Seller's Market.
Key Takeaway
Athens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Athens, GA
How much do homes in Athens, GA cost?
Median Sold Price
$350,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,465(+4.6%)
Key Takeaway
Homes in Athens have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Athens was $350,000 in November 2024, up 4.6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $345K | +35.3% |
| 2 Bedrooms | $231K | $243.5K | +5.4% |
| 3 Bedrooms | $320K | $329.9K | +3.1% |
| 4 Bedrooms | $384.1K | $406.2K | +5.7% |
| 5+ Bedrooms | $521.5K | $637.5K | +22.2% |
Summary: Athens housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.3%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 22.2%.
Median Sold Price Compared To Nearby Cities
| Elder | $455K | $604.2K | +32.8% |
| Bogart | $370K | $397.4K | +7.4% |
| Athens | $334.5K | $350K | +4.6% |
| Winterville | $325K | $322K | -0.9% |
Housing Supply in Athens, GA
How many homes are available in Athens, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 685 | 668 | -2.5% |
Summary: The Athens real estate market had 668 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 14 | -12.5% |
| 2 Bedrooms | 105 | 108 | +2.9% |
| 3 Bedrooms | 248 | 230 | -7.3% |
| 4 Bedrooms | 239 | 236 | -1.3% |
| 5+ Bedrooms | 77 | 80 | +3.9% |
Summary: The Athens housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 3.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 113 | -13.1% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Athens, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 113 homes were sold or pending in Athens in November 2024, down by 13.1% month-over-month. Of the 109 sold homes, 61% were sold under asking, 18% were sold at asking, and 20% were sold over asking.
Days on Market for Athens, GA
How long does it take to sell a home in Athens, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 47 Days | +13.6% |
Summary: Homes in Athens had an average of 47 days on market in Nov 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
50 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Athens has remained consistent over time.
Summary: During November 2024, 113 homes were sold in Athens; 42% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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