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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hogansville is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hogansville, GA

How much do homes in Hogansville, GA cost?

Median Sold Price

$282,500

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+18.9%)

Key Takeaway

Homes in Hogansville have sold for 18.9% more than they did a year ago.

Summary: The median home sold price in Hogansville was $282,500 in October 2024, up 18.9% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $74K$50K
-32.4%
2 $107K$167K
+56.1%
3 $220K$249.4K
+13.4%
4 $347K$328.7K
-5.3%
5+ $407.5K$441K
+8.2%

Summary: Hogansville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.4%, 2 bedroom homes increased by 56.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 8.2%.

Housing Supply in Hogansville, GA

How many homes are available in Hogansville, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6574+13.8%

Summary: The Hogansville real estate market had 74 homes for sale in October 2024, a 13.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 2731
+14.8%
4 2426
+8.3%
5+ 56
+20.0%

Summary: The Hogansville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hogansville, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Hogansville in October 2024, down by 16.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.

Days on Market for Hogansville, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days35 Days+59.1%

Summary: Homes in Hogansville had an average of 35 days on market in Oct 2024, up by 59.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Hogansville; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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

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