Is North Paulding, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Paulding is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, North Paulding was a Seller's Market.

Key Takeaway

North Paulding 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 North Paulding, GA

How much do homes in North Paulding, GA cost?

Median Sold Price

$425,604

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,606(+2.6%)

Key Takeaway

Homes in North Paulding have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in North Paulding was $425,604 in October 2024, up 2.6% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $378K$310K
-18.0%
3 $350K$370K
+5.7%
4 $408.5K$423K
+3.5%
5+ $492.4K$517.5K
+5.1%

Summary: North Paulding 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 decreased by 18%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Euharlee-Taylorsville
+7.3%
North Paulding
+2.6%
Cartersville
+1.5%
Acworth-Kennesaw
0.4%

Housing Supply in North Paulding, GA

How many homes are available in North Paulding, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
427480+12.4%

Summary: The North Paulding real estate market had 480 homes for sale in October 2024, a 12.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 97113
+16.5%
4 185194
+4.9%
5+ 138163
+18.1%

Summary: The North Paulding 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 increased by 42.9%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 18.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8071-11.3%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Paulding, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in North Paulding in October 2024, down by 11.3% month-over-month. Of the 69 sold homes, 59% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for North Paulding, GA

How long does it take to sell a home in North Paulding, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days41 Days+5.3%

Summary: Homes in North Paulding had an average of 41 days on market in Oct 2024, up by 5.3% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 71 homes were sold in North Paulding; 48% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

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