$4,988 Closing Credit*
$420,000
2,066 SqFt
4 Beds
•2 Full Baths, 1 Partial
Joyce F. McQueen, Listing Office: On Point Realty, Inc
Is Loring Heights, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Loring Heights has remained a Seller's Market.
Key Takeaway
Loring Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Loring Heights, GA
How much do homes in Loring Heights, GA cost?
Median Sold Price
$650,000
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+1.6%)
Key Takeaway
Homes in Loring Heights have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Loring Heights was $650,000 in October 2024, up 1.6% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $530K | $525K | -0.9% |
| 3 Bedrooms | $640K | $650K | +1.6% |
| 4 Bedrooms | $710K | $842.5K | +18.7% |
| 5+ Bedrooms | $995K | $1.0M | +1.8% |
Summary: Loring Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Loring Heights | $640K | $650K | +1.6% |
| Berkeley Park | $555K | $425K | -23.4% |
Housing Supply in Loring Heights, GA
How many homes are available in Loring Heights, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Loring Heights real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Loring Heights 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 100%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Loring Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Loring Heights in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Loring Heights, GA
How long does it take to sell a home in Loring Heights, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 53 Days | +909.5% |
Summary: Homes in Loring Heights had an average of 53 days on market in Oct 2024, up by 909.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Loring Heights has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Loring Heights; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.