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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cohutta is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Cohutta, GA

How much do homes in Cohutta, GA cost?

Median Sold Price

$398,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,500(+11.6%)

Key Takeaway

Homes in Cohutta have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Cohutta was $398,000 in November 2024, up 11.6% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$35K
-77.4%
2 $314.9K$122K
-61.3%
3 $250K$324.3K
+29.7%
4 $498K$519.7K
+4.4%
5+ $629K$532K
-15.4%

Summary: Cohutta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes decreased by 61.3%, 3 bedroom homes increased by 29.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 15.4%.

Median Sold Price Compared To Nearby Cities

Cohutta
+11.6%
North Whitfield
+7.1%

Housing Supply in Cohutta, GA

How many homes are available in Cohutta, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2924-17.2%

Summary: The Cohutta real estate market had 24 homes for sale in November 2024, a 17.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1411
-21.4%
4 139
-30.8%
5+ 23
+50.0%

Summary: The Cohutta 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 100%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Cohutta in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Cohutta, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days38 Days+322.2%

Summary: Homes in Cohutta had an average of 38 days on market in Nov 2024, up by 322.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cohutta has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Cohutta; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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Newest Listings in Cohutta, GA

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MLS Disclaimers and Copyright

Based on information from Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., RealTracs Middle Tennessee Regional MLS, and First Multiple Listing Service Inc. for the period 12/01/2022 - 12/01/2024

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX 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. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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