$4,750 Closing Credit*
$400,000
2,712 SqFt
5 Beds
•3 Full Baths
Joyce Fahl, Listing Office: RE/MAX Town & Country
Is Dahlonega, 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, Dahlonega has remained a Seller's Market.
Key Takeaway
Dahlonega is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dahlonega, GA
How much do homes in Dahlonega, GA cost?
Median Sold Price
$375,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+4.2%)
Key Takeaway
Homes in Dahlonega have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Dahlonega was $375,000 in November 2024, up 4.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $274.9K | $349.5K | +27.1% |
| 2 Bedrooms | $246K | $299K | +21.5% |
| 3 Bedrooms | $339.9K | $350K | +3.0% |
| 4 Bedrooms | $430K | $438K | +1.9% |
| 5+ Bedrooms | $645K | $620K | -3.9% |
Summary: Dahlonega housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Three Sisters Mountain | $361K | $380K | +5.3% |
| Dahlonega | $360K | $375K | +4.2% |
Housing Supply in Dahlonega, GA
How many homes are available in Dahlonega, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 204 | 200 | -2.0% |
Summary: The Dahlonega real estate market had 200 homes for sale in November 2024, a 2.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 18 | 14 | -22.2% |
| 3 Bedrooms | 107 | 116 | +8.4% |
| 4 Bedrooms | 48 | 39 | -18.8% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Dahlonega housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dahlonega, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Dahlonega in November 2024, up by 14.3% month-over-month. Of the 37 sold homes, 62% were sold under asking, 22% were sold at asking, and 16% were sold over asking.
Days on Market for Dahlonega, GA
How long does it take to sell a home in Dahlonega, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 60 Days | +54.8% |
Summary: Homes in Dahlonega had an average of 60 days on market in Nov 2024, up by 54.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dahlonega are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in Dahlonega; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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