Is Hall County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hall County is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Hall County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hall County, GA

How much do homes in Hall County, GA cost?

Median Sold Price

$399,673

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,550(+5.1%)

Key Takeaway

Homes in Hall County have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Hall County was $399,673 in November 2024, up 5.1% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $280K$260K
-7.1%
2 $262.5K$276.5K
+5.3%
3 $330K$349.9K
+6.0%
4 $439.9K$449.9K
+2.3%
5+ $583.7K$611K
+4.7%

Summary: Hall County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Counties

Hall County
+5.1%
Forsyth County
+4.4%
Jackson County
+4.3%
Lumpkin County
+3.9%
Banks County
+3.3%

Housing Supply in Hall County, GA

How many homes are available in Hall County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,2661,256-0.8%

Summary: The Hall County real estate market had 1,256 homes for sale in November 2024, a 0.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 9089
-1.1%
3 513492
-4.1%
4 415415
0.0%
5+ 248260
+4.8%

Summary: The Hall County 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 decreased by 1.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
246207-15.9%

Asking Price vs. Sold Price

120 Homes Were Sold
Under Asking

60 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hall County, you may be able to get a good deal. 59.7% of homes here sold below asking price last month.

Summary: A total of 207 homes were sold or pending in Hall County in November 2024, down by 15.9% month-over-month. Of the 201 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for Hall County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days46 Days+55.0%

Summary: Homes in Hall County had an average of 46 days on market in Nov 2024, up by 55% compared to last year.

Breakdown of Home Sale Times

94 Homes Were Sold
Under 30 Days

81 Homes Were Sold
In 30 - 90 Days

32 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 207 homes were sold in Hall County; 45% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 15% 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 21 Days Ago

Newest Listings in Hall County, GA

Nearby Markets to Hall County, GA

What housing markets are near Hall County, GA?