Is Martin-Avalon, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Martin-Avalon is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Martin-Avalon was a Seller's Market.

Key Takeaway

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

Housing Prices in Martin-Avalon, GA

How much do homes in Martin-Avalon, GA cost?

Median Sold Price

$275,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$950(-0.3%)

Key Takeaway

The sold price of homes in Martin-Avalon has remained the same since last year.

Summary: The median home sold price in Martin-Avalon was $275,000 in November 2024, down 0.3% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$112.5K
N/A
2 $176.5K$195K
+10.5%
3 $269.9K$271.4K
+0.6%
4 $289.9K$320.5K
+10.6%
5+ $413K$582K
+40.9%

Summary: Martin-Avalon 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 10.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 40.9%.

Median Sold Price Compared To Nearby Cities

Rock Creek
+15.1%
Toccoa
+13.8%
Martin-Avalon
-0.3%
Eastanollee
-3.5%

Housing Supply in Martin-Avalon, GA

How many homes are available in Martin-Avalon, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3439+14.7%

Summary: The Martin-Avalon real estate market had 39 homes for sale in November 2024, a 14.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 2326
+13.0%
4 78
+14.3%
5+ 32
-33.3%

Summary: The Martin-Avalon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Martin-Avalon, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Martin-Avalon in November 2024, down by 42.9% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Martin-Avalon, GA

How long does it take to sell a home in Martin-Avalon, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days71 Days+59.4%

Summary: Homes in Martin-Avalon had an average of 71 days on market in Nov 2024, up by 59.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Martin-Avalon has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Martin-Avalon; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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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