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 December 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

$359,450

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$33,550(-8.5%)

Key Takeaway

Homes in Clarkesville have sold for 8.5% less than they did a year ago.

Summary: The median home sold price in Clarkesville was $359,450 in December 2024, down 8.5% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $189K$172K
-9.0%
2 $242.5K$270K
+11.3%
3 $329.9K$339.7K
+3.0%
4 $609.5K$443.5K
-27.2%
5+ $679K$799K
+17.7%

Summary: Clarkesville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 27.2%, 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

Nov 2024Dec 2024CHANGE
114102-10.5%

Summary: The Clarkesville real estate market had 102 homes for sale in December 2024, a 10.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 42
-50.0%
2 1722
+29.4%
3 5646
-17.9%
4 1917
-10.5%
5+ 1815
-16.7%

Summary: The Clarkesville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 29.4%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2518-28.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 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. 77.8% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Clarkesville in December 2024, down by 28.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% 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

Dec 2023Dec 2024CHANGE
47 Days58 Days+23.3%

Summary: Homes in Clarkesville had an average of 58 days on market in Dec 2024, up by 23.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 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 December 2024, 18 homes were sold in Clarkesville; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

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