$3,384 Closing Credit*
$285,000
1,504 SqFt
3 Beds
•2 Full Baths, 1 Partial
Krystine Torella, Listing Office: Team Torella Realty, LLC
Is Hiram, 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, Hiram was a Seller's Market.
Key Takeaway
Hiram is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hiram, GA
How much do homes in Hiram, GA cost?
Median Sold Price
$325,000
$167/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 Hiram has remained the same since last year.
Summary: The median home sold price in Hiram was $325,000 in November 2024, the same as last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $253K | $259.9K | +2.7% |
| 3 Bedrooms | $305K | $310K | +1.6% |
| 4 Bedrooms | $345K | $343K | -0.6% |
| 5+ Bedrooms | $389K | $388.4K | -0.1% |
Summary: Hiram 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 2.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
| Dallas | $359K | $370K | +3.0% |
| Hiram | $325K | $325K | 0.0% |
Housing Supply in Hiram, GA
How many homes are available in Hiram, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 196 | 174 | -11.2% |
Summary: The Hiram real estate market had 174 homes for sale in November 2024, a 11.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 89 | 86 | -3.4% |
| 4 Bedrooms | 61 | 45 | -26.2% |
| 5+ Bedrooms | 28 | 22 | -21.4% |
Summary: The Hiram 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 17.6%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 23 | -45.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hiram, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Hiram in November 2024, down by 45.2% month-over-month. Of the 23 sold homes, 65% were sold under asking, 26% were sold at asking, and 9% were sold over asking.
Days on Market for Hiram, GA
How long does it take to sell a home in Hiram, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 46 Days | +25.8% |
Summary: Homes in Hiram had an average of 46 days on market in Nov 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hiram are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Hiram; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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