$5,224 Closing Credit*
$439,900
2,632 SqFt
4 Beds
•2 Full Baths
Heather Strickland Womack, Listing Office: Georgia Hometown Realty
Is Garfield, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Garfield has remained a Seller's Market.
Key Takeaway
Garfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Garfield, GA
How much do homes in Garfield, GA cost?
Median Sold Price
$209,900
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$62,400(+42.3%)
Key Takeaway
Homes in Garfield have sold for 42.3% more than they did a year ago.
Summary: The median home sold price in Garfield was $209,900 in October 2024, up 42.3% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $470K | $122.4K | -73.9% |
| 3 Bedrooms | $81.2K | $120K | +47.7% |
| 4 Bedrooms | $160K | $357.5K | +123.4% |
| 5+ Bedrooms | $175K | - | N/A |
Summary: Garfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 73.9%, 3 bedroom homes increased by 47.7%, 4 bedroom homes increased by 123.4%, and 5+ bedroom homes did not change.
Housing Supply in Garfield, GA
How many homes are available in Garfield, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Garfield real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Garfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garfield, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Garfield in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Garfield, GA
How long does it take to sell a home in Garfield, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 24 Days | +700.0% |
Summary: Homes in Garfield had an average of 24 days on market in Oct 2024, up by 700% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Garfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Garfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
