$4,738 Closing Credit*
$399,000
1,652 SqFt
3 Beds
•3 Full Baths
Kito J Johnson, Listing Office: Buy N Sell Realty
Is Chestatee, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Chestatee was a Seller's Market.
Key Takeaway
Chestatee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chestatee, GA
How much do homes in Chestatee, GA cost?
Median Sold Price
$474,600
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,030(-1.5%)
Key Takeaway
Homes in Chestatee have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Chestatee was $474,600 in October 2024, down 1.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289.9K | $295K | +1.7% |
| 2 Bedrooms | $217.5K | $280K | +28.7% |
| 3 Bedrooms | $370K | $380K | +2.7% |
| 4 Bedrooms | $558K | $508K | -9.0% |
| 5+ Bedrooms | $625K | $675K | +8.0% |
Summary: Chestatee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 28.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
| Blacks Mill | $418.4K | $468.9K | +12.1% |
| Silver City | $510K | $540K | +5.9% |
| Murrayville | $399.8K | $416.3K | +4.1% |
| Chestatee | $481.6K | $474.6K | -1.5% |
Housing Supply in Chestatee, GA
How many homes are available in Chestatee, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 176 | +32.3% |
Summary: The Chestatee real estate market had 176 homes for sale in October 2024, a 32.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 28 | 48 | +71.4% |
| 4 Bedrooms | 40 | 54 | +35.0% |
| 5+ Bedrooms | 52 | 58 | +11.5% |
Summary: The Chestatee 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 increased by 25%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chestatee, you may be able to get a good deal. 82.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Chestatee in October 2024, up by 15.0% month-over-month. Of the 23 sold homes, 83% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Chestatee, GA
How long does it take to sell a home in Chestatee, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 59 Days | +54.7% |
Summary: Homes in Chestatee had an average of 59 days on market in Oct 2024, up by 54.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chestatee has remained consistent over time.
Summary: During October 2024, 23 homes were sold in Chestatee; 30% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.