Is Chattahoochee Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chattahoochee Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Chattahoochee Hills, GA

How much do homes in Chattahoochee Hills, GA cost?

Median Sold Price

$774,000

$393/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$54,815(-6.6%)

Key Takeaway

Homes in Chattahoochee Hills have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in Chattahoochee Hills was $774,000 in October 2024, down 6.6% from last year, and the median price per square foot was $393.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.0M-
N/A
2 $686.7K$645K
-6.1%
3 $915.1K$642.5K
-29.8%
4 $999.6K$1.0M
+5.0%
5+ $1.2M$1.3M
+5.2%

Summary: Chattahoochee Hills 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 6.1%, 3 bedroom homes decreased by 29.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Cities

Fairplay
+9.0%
Bill Arp
+1.8%
Palmetto
-5.8%
Chattahoochee Hills
-6.6%

Housing Supply in Chattahoochee Hills, GA

How many homes are available in Chattahoochee Hills, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
69690.0%

Summary: The Chattahoochee Hills real estate market had 69 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1817
-5.6%
3 1319
+46.2%
4 2724
-11.1%
5+ 108
-20.0%

Summary: The Chattahoochee Hills 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 5.6%, 3 bedroom homes increased by 46.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chattahoochee Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Chattahoochee Hills in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Chattahoochee Hills, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days193 Days+532.8%

Summary: Homes in Chattahoochee Hills had an average of 193 days on market in Oct 2024, up by 532.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chattahoochee Hills has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Chattahoochee Hills; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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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