$10,000 Closing Credit*
$1,399,000
5,550 SqFt
6 Beds
•5 Full Baths, 1 Partial
Julie Timmons, Listing Office: HomeSmart
Is Nelson-Tate-Marble Hill, 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, Nelson-Tate-Marble Hill was a Seller's Market.
Key Takeaway
Nelson-Tate-Marble Hill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Nelson-Tate-Marble Hill, GA
How much do homes in Nelson-Tate-Marble Hill, GA cost?
Median Sold Price
$495,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+8.8%)
Key Takeaway
Homes in Nelson-Tate-Marble Hill have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Nelson-Tate-Marble Hill was $495,000 in November 2024, up 8.8% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $257.5K | $314K | +21.9% |
| 3 Bedrooms | $395K | $430.6K | +9.0% |
| 4 Bedrooms | $624.9K | $635K | +1.6% |
| 5+ Bedrooms | $822.5K | $700K | -14.9% |
Summary: Nelson-Tate-Marble Hill 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 21.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 14.9%.
Median Sold Price Compared To Nearby Cities
| Nelson-Tate-Marble Hill | $455K | $495K | +8.8% |
| Jasper | $410.1K | $430.4K | +4.9% |
Housing Supply in Nelson-Tate-Marble Hill, GA
How many homes are available in Nelson-Tate-Marble Hill, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 190 | 200 | +5.3% |
Summary: The Nelson-Tate-Marble Hill real estate market had 200 homes for sale in November 2024, a 5.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 81 | 82 | +1.2% |
| 4 Bedrooms | 65 | 71 | +9.2% |
| 5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The Nelson-Tate-Marble Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 30 | +30.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nelson-Tate-Marble Hill, you may be able to get a good deal. 75.9% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Nelson-Tate-Marble Hill in November 2024, up by 30.4% month-over-month. Of the 29 sold homes, 76% were sold under asking, 14% were sold at asking, and 10% were sold over asking.
Days on Market for Nelson-Tate-Marble Hill, GA
How long does it take to sell a home in Nelson-Tate-Marble Hill, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 76 Days | -1.7% |
Summary: Homes in Nelson-Tate-Marble Hill had an average of 76 days on market in Nov 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nelson-Tate-Marble Hill has remained consistent over time.
Summary: During November 2024, 30 homes were sold in Nelson-Tate-Marble Hill; 33% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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