$1,069 Closing Credit*
$90,000
4 Beds
•1 Full Bath
Gregory Rayford, Listing Office: Crimsyn Bailey Realty
Is Bankhead, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bankhead has remained a Neutral Market.
Key Takeaway
Bankhead 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 Bankhead, GA
How much do homes in Bankhead, GA cost?
Median Sold Price
$300,000
$157/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$32,500(-9.8%)
Key Takeaway
Homes in Bankhead have sold for 9.8% less than they did a month ago.
Summary: The median home sold price in Bankhead was $300,000 in October 2024, down 9.8% from last month, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $285K | $300K | +5.3% |
| 4 Bedrooms | $380K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bankhead housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bankhead, GA
How many homes are available in Bankhead, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Bankhead real estate market had 13 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bankhead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 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 Bankhead, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Bankhead in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bankhead, GA
How long does it take to sell a home in Bankhead, GA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 5 Days | +100.0% |
Summary: Homes in Bankhead had an average of 5 days on market in Oct 2024, up by 100% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bankhead are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Bankhead; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.