$7,113 Closing Credit*
$599,000
2,000 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tucker Moore, Listing Office: Good Thing Realty
Is Cochran, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cochran has remained a Seller's Market.
Key Takeaway
Cochran is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cochran, GA
How much do homes in Cochran, GA cost?
Median Sold Price
$179,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,500(+24.7%)
Key Takeaway
Homes in Cochran have sold for 24.7% more than they did a year ago.
Summary: The median home sold price in Cochran was $179,000 in November 2024, up 24.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $94.9K | $119K | +25.4% |
| 3 Bedrooms | $138.9K | $179.4K | +29.1% |
| 4 Bedrooms | $224.1K | $213.5K | -4.7% |
| 5+ Bedrooms | $300K | - | N/A |
Summary: Cochran housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 29.1%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.
Housing Supply in Cochran, GA
How many homes are available in Cochran, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 34 | +36.0% |
Summary: The Cochran real estate market had 34 homes for sale in November 2024, a 36.0% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 19 | 26 | +36.8% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cochran 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 remained the same, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cochran, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Cochran in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Cochran, GA
How long does it take to sell a home in Cochran, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 74 Days | +113.6% |
Summary: Homes in Cochran had an average of 74 days on market in Nov 2024, up by 113.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cochran are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 8 homes were sold in Cochran; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.
