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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hall County has remained a Seller's Market.

Key Takeaway

Hall County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hall County, GA

How much do homes in Hall County, GA cost?

Median Sold Price

$394,872

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,309(+4.3%)

Key Takeaway

Homes in Hall County have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Hall County was $394,872 in October 2024, up 4.3% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $275K$260K
-5.5%
2 $256.3K$274.2K
+7.0%
3 $330K$345K
+4.6%
4 $439.9K$449.9K
+2.3%
5+ $575K$606.5K
+5.5%

Summary: Hall County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Counties

Forsyth County
+5.2%
Hall County
+4.3%
Jackson County
+4.2%
Lumpkin County
+2.7%
Banks County
+2.0%

Housing Supply in Hall County, GA

How many homes are available in Hall County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,2101,365+12.8%

Summary: The Hall County real estate market had 1,365 homes for sale in October 2024, a 12.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 9896
-2.0%
3 471539
+14.4%
4 395444
+12.4%
5+ 244283
+16.0%

Summary: The Hall County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 16%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
224232+3.6%

Asking Price vs. Sold Price

152 Homes Were Sold
Under Asking

40 Homes Were Sold
At Asking

31 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. 68.2% of homes here sold below asking price last month.

Summary: A total of 232 homes were sold or pending in Hall County in October 2024, up by 3.6% month-over-month. Of the 223 sold homes, 68% were sold under asking, 18% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
36 Days52 Days+43.3%

Summary: Homes in Hall County had an average of 52 days on market in Oct 2024, up by 43.3% compared to last year.

Breakdown of Home Sale Times

98 Homes Were Sold
Under 30 Days

92 Homes Were Sold
In 30 - 90 Days

42 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 October 2024, 232 homes were sold in Hall County; 42% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 18% 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 20 Days Ago

Newest Listings in Hall County, GA

Nearby Markets to Hall County, GA

What housing markets are near Hall County, GA?