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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarkesville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Clarkesville, GA

How much do homes in Clarkesville, GA cost?

Median Sold Price

$345,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$51,000(-12.9%)

Key Takeaway

Homes in Clarkesville have sold for 12.9% less than they did a year ago.

Summary: The median home sold price in Clarkesville was $345,000 in November 2024, down 12.9% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $189K$173.5K
-8.2%
2 $242.5K$262.5K
+8.2%
3 $329.9K$330.9K
0.3%
4 $555K$443.5K
-20.1%
5+ $679K$799K
+17.7%

Summary: Clarkesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 20.1%, and 5+ bedroom homes increased by 17.7%.

Housing Supply in Clarkesville, GA

How many homes are available in Clarkesville, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117125+6.8%

Summary: The Clarkesville real estate market had 125 homes for sale in November 2024, a 6.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1519
+26.7%
3 6161
0.0%
4 2323
0.0%
5+ 1418
+28.6%

Summary: The Clarkesville 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 increased by 26.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2224+9.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarkesville, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Clarkesville in November 2024, up by 9.1% month-over-month. Of the 22 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for Clarkesville, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days44 Days-24.1%

Summary: Homes in Clarkesville had an average of 44 days on market in Nov 2024, down by 24.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 24 homes were sold in Clarkesville; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

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