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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carnesville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Carnesville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Carnesville, GA

How much do homes in Carnesville, GA cost?

Median Sold Price

$238,000

$172/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$312,000(-56.7%)

Key Takeaway

Homes in Carnesville have sold for 56.7% less than they did a month ago.

Summary: The median home sold price in Carnesville was $238,000 in October 2024, down 56.7% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $550K$238K
-56.7%
4 --
N/A
5+ $339K-
N/A

Summary: Carnesville 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 decreased by 56.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Carnesville, GA

How many homes are available in Carnesville, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2632+23.1%

Summary: The Carnesville real estate market had 32 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1721
+23.5%
4 59
+80.0%
5+ 31
-66.7%

Summary: The Carnesville 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 increased by 23.5%, 4 bedroom homes increased by 80%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carnesville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Carnesville in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Carnesville, GA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
145 Days30 Days-79.1%

Summary: Homes in Carnesville had an average of 30 days on market in Oct 2024, down by 79.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Carnesville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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