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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hartwell is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hartwell, GA

How much do homes in Hartwell, GA cost?

Median Sold Price

$314,900

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,900(+9.0%)

Key Takeaway

Homes in Hartwell have sold for 9% more than they did a year ago.

Summary: The median home sold price in Hartwell was $314,900 in November 2024, up 9% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $239.9K$295K
+22.9%
3 $270K$265K
-1.9%
4 $357.5K$495K
+38.5%
5+ $1.0M$905K
-11.7%

Summary: Hartwell 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 22.9%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes decreased by 11.7%.

Median Sold Price Compared To Nearby Cities

Reed Creek
+60.2%
Hartwell
+9.0%

Housing Supply in Hartwell, GA

How many homes are available in Hartwell, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
147158+7.5%

Summary: The Hartwell real estate market had 158 homes for sale in November 2024, a 7.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1116
+45.5%
3 8586
+1.2%
4 2832
+14.3%
5+ 2223
+4.5%

Summary: The Hartwell 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 45.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1619+18.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hartwell, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Hartwell in November 2024, up by 18.8% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.

Days on Market for Hartwell, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days86 Days+227.2%

Summary: Homes in Hartwell had an average of 86 days on market in Nov 2024, up by 227.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hartwell has remained consistent over time.

Summary: During November 2024, 19 homes were sold in Hartwell; 26% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 37% 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 Hartwell, GA

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