Is Ben Hill, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ben Hill is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Ben Hill was a Seller's Market.

Key Takeaway

Ben Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ben Hill, GA

How much do homes in Ben Hill, GA cost?

Median Sold Price

$399,945

$178/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$147,005(-26.9%)

Key Takeaway

Homes in Ben Hill have sold for 26.9% less than they did a month ago.

Summary: The median home sold price in Ben Hill was $399,945 in November 2024, down 26.9% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $546.9K$399.9K
-26.9%
5+ --
N/A

Summary: Ben Hill housing prices by bedroom type for November 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 did not change, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes did not change.

Housing Supply in Ben Hill, GA

How many homes are available in Ben Hill, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1416+14.3%

Summary: The Ben Hill real estate market had 16 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 76
-14.3%
5+ 35
+66.7%

Summary: The Ben Hill 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 increased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ben Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ben Hill in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Ben Hill, GA

How long does it take to sell a home in Ben Hill, GA?

Average Sale Time

Oct 2024Nov 2024CHANGE
115 Days104 Days-9.1%

Summary: Homes in Ben Hill had an average of 104 days on market in Nov 2024, down by 9.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ben Hill has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Ben Hill; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

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