Is Ball Ground, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ball Ground is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Ball Ground was a Seller's Market.

Key Takeaway

Ball Ground 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 Ball Ground, GA

How much do homes in Ball Ground, GA cost?

Median Sold Price

$457,500

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,500(+7.6%)

Key Takeaway

Homes in Ball Ground have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Ball Ground was $457,500 in November 2024, up 7.6% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$310K
N/A
2 $268.9K$319K
+18.6%
3 $354K$405K
+14.4%
4 $514K$510K
-0.8%
5+ $652.5K$685.8K
+5.1%

Summary: Ball Ground 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 18.6%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 5.1%.

Housing Supply in Ball Ground, GA

How many homes are available in Ball Ground, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
172181+5.2%

Summary: The Ball Ground real estate market had 181 homes for sale in November 2024, a 5.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 7169
-2.8%
4 6770
+4.5%
5+ 3138
+22.6%

Summary: The Ball Ground 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 increased by 33.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 22.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3328-15.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ball Ground, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Ball Ground in November 2024, down by 15.2% month-over-month. Of the 28 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Ball Ground, GA

How long does it take to sell a home in Ball Ground, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days59 Days+69.9%

Summary: Homes in Ball Ground had an average of 59 days on market in Nov 2024, up by 69.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ball Ground are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in Ball Ground; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Ball Ground, GA

Nearby Markets to Ball Ground, GA