$7,480 Closing Credit*
$629,914
3,109 SqFt
4 Beds
•3 Full Baths, 1 Partial
Alane M. Rayburn, Listing Office: Fathom Realty GA, LLC
Is Concord, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Concord has remained a Seller's Market.
Key Takeaway
Concord is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Concord, GA
How much do homes in Concord, GA cost?
Median Sold Price
$345,000
$183/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since December 2023.
Key Takeaway
The sold price of homes in Concord has remained the same since last year.
Summary: The median home sold price in Concord was $345,000 in December 2024, the same as last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $250K | +25.0% |
| 3 Bedrooms | $324.9K | $290K | -10.7% |
| 4 Bedrooms | $407.4K | $395K | -3.1% |
| 5+ Bedrooms | - | $514.4K | N/A |
Summary: Concord housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.
Housing Supply in Concord, GA
How many homes are available in Concord, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The Concord real estate market had 19 homes for sale in December 2024, a 18.8% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Concord housing inventory by bedroom type for December 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 28.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Concord, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Concord in December 2024, up by 100.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Concord, GA
How long does it take to sell a home in Concord, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 17 Days | 54 Days | +204.2% |
Summary: Homes in Concord had an average of 54 days on market in Dec 2024, up by 204.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Concord are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Concord; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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