Is Catoosa Springs, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catoosa Springs is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Catoosa Springs has remained a Seller's Market.

Key Takeaway

Catoosa Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Catoosa Springs, GA

How much do homes in Catoosa Springs, GA cost?

Median Sold Price

$290,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+9.4%)

Key Takeaway

Homes in Catoosa Springs have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Catoosa Springs was $290,000 in October 2024, up 9.4% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $188K$271K
+44.1%
3 $265K$275K
+3.8%
4 $330K$575K
+74.2%
5+ $470K$285K
-39.4%

Summary: Catoosa Springs 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 increased by 44.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 74.2%, and 5+ bedroom homes decreased by 39.4%.

Median Sold Price Compared To Nearby Cities

Catoosa Springs
+9.4%
North Whitfield
+9.1%
Ooltewah
+6.2%
Ringgold
+5.1%
West Whitfield
+3.9%

Housing Supply in Catoosa Springs, GA

How many homes are available in Catoosa Springs, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3329-12.1%

Summary: The Catoosa Springs real estate market had 29 homes for sale in October 2024, a 12.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 2823
-17.9%
4 25
+150.0%
5+ 11
0.0%

Summary: The Catoosa Springs 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 100%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catoosa Springs, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Catoosa Springs in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 71% were sold at asking, and 0% were sold over asking.

Days on Market for Catoosa Springs, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days12 Days+24.1%

Summary: Homes in Catoosa Springs had an average of 12 days on market in Oct 2024, up by 24.1% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Catoosa Springs; 29% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Catoosa Springs, GA

Nearby Markets to Catoosa Springs, GA

What housing markets are near Catoosa Springs, GA?