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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kathleen is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Kathleen, GA

How much do homes in Kathleen, GA cost?

Median Sold Price

$355,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,100(-4.9%)

Key Takeaway

Homes in Kathleen have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in Kathleen was $355,000 in November 2024, down 4.9% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$40K
N/A
3 $246K$282.5K
+14.8%
4 $342.1K$349.8K
+2.2%
5+ $426.9K$431K
+1.0%

Summary: Kathleen 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 did not change, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Warner Robins
+5.9%
Perry
+1.3%
Bonaire
-3.7%
Kathleen
-4.9%

Housing Supply in Kathleen, GA

How many homes are available in Kathleen, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8487+3.6%

Summary: The Kathleen real estate market had 87 homes for sale in November 2024, a 3.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1919
0.0%
4 4145
+9.8%
5+ 2423
-4.2%

Summary: The Kathleen 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 4.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kathleen, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Kathleen in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Kathleen, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days54 Days+30.0%

Summary: Homes in Kathleen had an average of 54 days on market in Nov 2024, up by 30% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Kathleen; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% 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 Kathleen, GA

Nearby Markets to Kathleen, GA

What housing markets are near Kathleen, GA?