Is Mount Zion, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Zion is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mount Zion has remained a Seller's Market.

Key Takeaway

Mount Zion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mount Zion, GA

How much do homes in Mount Zion, GA cost?

Median Sold Price

$294,950

$172/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$67,750(+29.8%)

Key Takeaway

Homes in Mount Zion have sold for 29.8% more than they did a month ago.

Summary: The median home sold price in Mount Zion was $294,950 in October 2024, up 29.8% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $223.5K$220K
-1.6%
4 $385K$369.9K
-3.9%
5+ --
N/A

Summary: Mount Zion housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes did not change.

Housing Supply in Mount Zion, GA

How many homes are available in Mount Zion, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1311-15.4%

Summary: The Mount Zion real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 74
-42.9%
4 45
+25.0%
5+ 11
0.0%

Summary: The Mount Zion 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 42.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 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 Zion, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Mount Zion in October 2024, down by 40.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Zion, GA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days19 Days-23.9%

Summary: Homes in Mount Zion had an average of 19 days on market in Oct 2024, down by 23.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Zion are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Mount Zion; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

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