$2,850 Closing Credit*
$240,000
1,325 SqFt
3 Beds
•2 Full Baths
Tyler Short, Listing Office: Keller Williams Northwest
Is Cedartown, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cedartown was a Seller's Market.
Key Takeaway
Cedartown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cedartown, GA
How much do homes in Cedartown, GA cost?
Median Sold Price
$235,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,000(+3.1%)
Key Takeaway
Homes in Cedartown have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Cedartown was $235,000 in November 2024, up 3.1% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $121.5K | +10.5% |
| 2 Bedrooms | $142.5K | $160K | +12.3% |
| 3 Bedrooms | $225K | $230.5K | +2.4% |
| 4 Bedrooms | $254.7K | $285K | +11.9% |
| 5+ Bedrooms | $335K | $409.5K | +22.2% |
Summary: Cedartown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 22.2%.
Housing Supply in Cedartown, GA
How many homes are available in Cedartown, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 147 | -1.3% |
Summary: The Cedartown real estate market had 147 homes for sale in November 2024, a 1.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 87 | 94 | +8.0% |
| 4 Bedrooms | 35 | 30 | -14.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Cedartown 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 decreased by 23.8%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedartown, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Cedartown in November 2024, the same as the previous month. Of the 23 sold homes, 52% were sold under asking, 13% were sold at asking, and 35% were sold over asking.
Days on Market for Cedartown, GA
How long does it take to sell a home in Cedartown, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 74 Days | +53.4% |
Summary: Homes in Cedartown had an average of 74 days on market in Nov 2024, up by 53.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cedartown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 23 homes were sold in Cedartown; 35% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
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