$9,500 Closing Credit*
$799,999
2,594 SqFt
3 Beds
•3 Full Baths, 1 Partial
Carol E Towe, Listing Office: Blue Ridge Dream Properties
Is Mineral Bluff, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Mineral Bluff was a Seller's Market.
Key Takeaway
Mineral Bluff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mineral Bluff, GA
How much do homes in Mineral Bluff, GA cost?
Median Sold Price
$583,750
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,250(-0.2%)
Key Takeaway
The sold price of homes in Mineral Bluff has remained the same since last year.
Summary: The median home sold price in Mineral Bluff was $583,750 in November 2024, down 0.2% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $366.2K | $400K | +9.2% |
| 2 Bedrooms | $407K | $425K | +4.4% |
| 3 Bedrooms | $589.9K | $605.5K | +2.6% |
| 4 Bedrooms | $900K | $760K | -15.6% |
| 5+ Bedrooms | $760K | $1.2M | +69.7% |
Summary: Mineral Bluff housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 69.7%.
Median Sold Price Compared To Nearby Cities
| Ivylog | $388.6K | $427.5K | +10.0% |
| Notla Township | $314.9K | $339.5K | +7.8% |
| Mineral Bluff | $585K | $583.7K | -0.2% |
| Hothouse Township | $328.6K | $265K | -19.4% |
Housing Supply in Mineral Bluff, GA
How many homes are available in Mineral Bluff, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 212 | 234 | +10.4% |
Summary: The Mineral Bluff real estate market had 234 homes for sale in November 2024, a 10.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 34 | 36 | +5.9% |
| 3 Bedrooms | 91 | 100 | +9.9% |
| 4 Bedrooms | 63 | 74 | +17.5% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Mineral Bluff housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mineral Bluff, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Mineral Bluff in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Mineral Bluff, GA
How long does it take to sell a home in Mineral Bluff, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 95 Days | +28.5% |
Summary: Homes in Mineral Bluff had an average of 95 days on market in Nov 2024, up by 28.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Mineral Bluff are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in Mineral Bluff; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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