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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hapeville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hapeville was a Neutral Market.

Key Takeaway

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

Housing Prices in Hapeville, GA

How much do homes in Hapeville, GA cost?

Median Sold Price

$305,000

$227/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Hapeville has remained the same since last year.

Summary: The median home sold price in Hapeville was $305,000 in November 2024, the same as last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $181.4K$234K
+28.9%
2 $230K$264.5K
+15.0%
3 $305K$350K
+14.8%
4 $439K$412.5K
-6.0%
5+ $376.5K$683K
+81.4%

Summary: Hapeville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.9%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 81.4%.

Median Sold Price Compared To Nearby Cities

Atlanta
+3.4%
Hapeville
0.0%
East Point
-8.7%

Housing Supply in Hapeville, GA

How many homes are available in Hapeville, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6164+4.9%

Summary: The Hapeville real estate market had 64 homes for sale in November 2024, a 4.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 1216
+33.3%
3 2932
+10.3%
4 1514
-6.7%
5+ 32
-33.3%

Summary: The Hapeville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
111-90.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hapeville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hapeville in November 2024, down by 90.9% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hapeville, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
82 Days3 Days-96.4%

Summary: Homes in Hapeville had an average of 3 days on market in Nov 2024, down by 96.4% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Hapeville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Hapeville, GA

Nearby Markets to Hapeville, GA

What housing markets are near Hapeville, GA?