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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Jasper, GA

How much do homes in Jasper, GA cost?

Median Sold Price

$430,433

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,290(+4.9%)

Key Takeaway

Homes in Jasper have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Jasper was $430,433 in November 2024, up 4.9% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $319K$275K
-13.8%
2 $305K$313.2K
+2.7%
3 $375K$377.9K
+0.8%
4 $520.5K$536.2K
+3.0%
5+ $610.5K$607.5K
-0.5%

Summary: Jasper housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Cities

Nelson-Tate-Marble Hill
+8.8%
Jasper
+4.9%

Housing Supply in Jasper, GA

How many homes are available in Jasper, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
342340-0.6%

Summary: The Jasper real estate market had 340 homes for sale in November 2024, a 0.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 2532
+28.0%
3 145142
-2.1%
4 114118
+3.5%
5+ 5446
-14.8%

Summary: The Jasper housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 28%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 14.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6445-29.7%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper, you may be able to get a good deal. 73.8% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Jasper in November 2024, down by 29.7% month-over-month. Of the 42 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.

Days on Market for Jasper, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days71 Days+37.7%

Summary: Homes in Jasper had an average of 71 days on market in Nov 2024, up by 37.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 45 homes were sold in Jasper; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% 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 21 Days Ago

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