$3,384 Closing Credit*
$285,000
980 SqFt
3 Beds
•1 Full Bath
Chris Hurd, Listing Office: Blue Mountain Realty GA LLC
Is Grove Park, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Grove Park was a Seller's Market.
Key Takeaway
Grove Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grove Park, GA
How much do homes in Grove Park, GA cost?
Median Sold Price
$319,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$21,000(-6.2%)
Key Takeaway
Homes in Grove Park have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Grove Park was $319,000 in November 2024, down 6.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | - | N/A |
| 2 Bedrooms | $144.7K | $149K | +2.9% |
| 3 Bedrooms | $340K | $324.5K | -4.6% |
| 4 Bedrooms | $410K | $399K | -2.7% |
| 5+ Bedrooms | $435K | $385K | -11.5% |
Summary: Grove Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Center Hill | $284K | $277K | -2.5% |
| Grove Park | $340K | $319K | -6.2% |
Housing Supply in Grove Park, GA
How many homes are available in Grove Park, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 71 | +20.3% |
Summary: The Grove Park real estate market had 71 homes for sale in November 2024, a 20.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 23 | 32 | +39.1% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Grove Park 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 14.3%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grove Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Grove Park in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Grove Park, GA
How long does it take to sell a home in Grove Park, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 20 Days | -14.4% |
Summary: Homes in Grove Park had an average of 20 days on market in Nov 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grove Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Grove Park; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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