Is Calhoun, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calhoun is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Calhoun, GA

How much do homes in Calhoun, GA cost?

Median Sold Price

$280,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+5.7%)

Key Takeaway

Homes in Calhoun have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Calhoun was $280,000 in November 2024, up 5.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K$146.1K
+27.1%
2 $185K$239K
+29.2%
3 $260K$265K
+1.9%
4 $295.5K$334.4K
+13.2%
5+ $359.9K$560K
+55.6%

Summary: Calhoun housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 55.6%.

Median Sold Price Compared To Nearby Cities

Sugar Valley-Resaca
+12.1%
Calhoun
+5.7%

Housing Supply in Calhoun, GA

How many homes are available in Calhoun, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
191206+7.9%

Summary: The Calhoun real estate market had 206 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1519
+26.7%
3 119124
+4.2%
4 4348
+11.6%
5+ 1214
+16.7%

Summary: The Calhoun housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2729+7.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calhoun, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Calhoun in November 2024, up by 7.4% month-over-month. Of the 29 sold homes, 48% were sold under asking, 34% were sold at asking, and 17% were sold over asking.

Days on Market for Calhoun, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days53 Days+117.4%

Summary: Homes in Calhoun had an average of 53 days on market in Nov 2024, up by 117.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 29 homes were sold in Calhoun; 48% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 21% 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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