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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Epworth is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Epworth, GA

How much do homes in Epworth, GA cost?

Median Sold Price

$635,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$230,100(+56.8%)

Key Takeaway

Homes in Epworth have sold for 56.8% more than they did a year ago.

Summary: The median home sold price in Epworth was $635,000 in December 2024, up 56.8% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $345K$737.5K
+113.8%
3 $404.9K$635K
+56.8%
4 $664.5K$718K
+8.1%
5+ -$525K
N/A

Summary: Epworth 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 113.8%, 3 bedroom homes increased by 56.8%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Epworth
+56.8%
Cherry Log
+14.6%
North Gilmer
+8.6%
Higdon-Mobile
-6.1%

Housing Supply in Epworth, GA

How many homes are available in Epworth, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5356+5.7%

Summary: The Epworth real estate market had 56 homes for sale in December 2024, a 5.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 2221
-4.5%
4 1720
+17.6%
5+ 54
-20.0%

Summary: The Epworth 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 increased by 22.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Epworth, 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 Epworth in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Epworth, GA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
63 Days78 Days+24.6%

Summary: Homes in Epworth had an average of 78 days on market in Dec 2024, up by 24.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Epworth are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Epworth; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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

Newest Listings in Epworth, GA

Nearby Markets to Epworth, GA

What housing markets are near Epworth, GA?