$5,224 Closing Credit*
$439,900
2,366 SqFt
4 Beds
•3 Full Baths
Barbara Dumont, Listing Office: Keller Williams Realty Community Partners
Is Blacks Mill, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Blacks Mill was a Seller's Market.
Key Takeaway
Blacks Mill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blacks Mill, GA
How much do homes in Blacks Mill, GA cost?
Median Sold Price
$468,966
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,516(+12.1%)
Key Takeaway
Homes in Blacks Mill have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Blacks Mill was $468,966 in October 2024, up 12.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $318K | - | N/A |
| 2 Bedrooms | $300K | $275K | -8.3% |
| 3 Bedrooms | $351K | $395K | +12.5% |
| 4 Bedrooms | $488.7K | $564.9K | +15.6% |
| 5+ Bedrooms | $676.6K | $638.4K | -5.6% |
Summary: Blacks Mill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Blacks Mill | $418.4K | $468.9K | +12.1% |
| Dawsonville | $407.7K | $433.3K | +6.3% |
| Murrayville | $399.8K | $416.3K | +4.1% |
Housing Supply in Blacks Mill, GA
How many homes are available in Blacks Mill, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 165 | 165 | 0.0% |
Summary: The Blacks Mill real estate market had 165 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 58 | 59 | +1.7% |
| 4 Bedrooms | 54 | 52 | -3.7% |
| 5+ Bedrooms | 49 | 52 | +6.1% |
Summary: The Blacks Mill 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 decreased by 50%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 22 | -35.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blacks Mill, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Blacks Mill in October 2024, down by 35.3% month-over-month. Of the 22 sold homes, 68% were sold under asking, 32% were sold at asking, and 0% were sold over asking.
Days on Market for Blacks Mill, GA
How long does it take to sell a home in Blacks Mill, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 45 Days | +61.4% |
Summary: Homes in Blacks Mill had an average of 45 days on market in Oct 2024, up by 61.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blacks Mill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in Blacks Mill; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% 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.