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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Whitfield is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Whitfield was a Neutral Market.

Key Takeaway

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

Housing Prices in North Whitfield, GA

How much do homes in North Whitfield, GA cost?

Median Sold Price

$342,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,550(+7.1%)

Key Takeaway

Homes in North Whitfield have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in North Whitfield was $342,000 in November 2024, up 7.1% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$35K
-77.4%
2 $314.9K$165K
-47.6%
3 $270.5K$319.9K
+18.3%
4 $419.9K$457.5K
+8.9%
5+ $455K$510K
+12.1%

Summary: North Whitfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes decreased by 47.6%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Cities

Cohutta
+11.6%
North Whitfield
+7.1%

Housing Supply in North Whitfield, GA

How many homes are available in North Whitfield, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5142-17.6%

Summary: The North Whitfield real estate market had 42 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 3125
-19.4%
4 1810
-44.4%
5+ 25
+150.0%

Summary: The North Whitfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Whitfield, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in North Whitfield in November 2024, down by 13.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.

Days on Market for North Whitfield, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days41 Days+356.8%

Summary: Homes in North Whitfield had an average of 41 days on market in Nov 2024, up by 356.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in North Whitfield; 38% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

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