Is Mount Paran / Northside, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Paran / Northside is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Mount Paran / Northside has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Mount Paran / Northside, GA

How much do homes in Mount Paran / Northside, GA cost?

Median Sold Price

$3,000,000

$373/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$450,000(+17.6%)

Key Takeaway

Homes in Mount Paran / Northside have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in Mount Paran / Northside was $3,000,000 in October 2024, up 17.6% from last year, and the median price per square foot was $373.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$1.8M
N/A
4 $1.2M$1.2M
+2.0%
5+ $2.9M$3.2M
+7.8%

Summary: Mount Paran / Northside 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 7.8%.

Housing Supply in Mount Paran / Northside, GA

How many homes are available in Mount Paran / Northside, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Mount Paran / Northside real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 01
+100.0%
5+ 1919
0.0%

Summary: The Mount Paran / Northside 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Paran / Northside, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mount Paran / Northside in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Paran / Northside, GA

How long does it take to sell a home in Mount Paran / Northside, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days233 Days+3783.3%

Summary: Homes in Mount Paran / Northside had an average of 233 days on market in Oct 2024, up by 3783.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mount Paran / Northside are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Mount Paran / Northside; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 24 Days Ago

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