$2,613 Closing Credit*
$220,000
1 Bed
•1 Full Bath
Chey Williams, Listing Office: Chapman Hall Realtors
Is Old Fourth Ward, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Old Fourth Ward was a Seller's Market.
Key Takeaway
Old Fourth Ward 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 Old Fourth Ward, GA
How much do homes in Old Fourth Ward, GA cost?
Median Sold Price
$397,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,625(-5.2%)
Key Takeaway
Homes in Old Fourth Ward have sold for 5.2% less than they did a year ago.
Summary: The median home sold price in Old Fourth Ward was $397,000 in October 2024, down 5.2% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $313.9K | $276K | -12.1% |
| 2 Bedrooms | $387.5K | $360K | -7.1% |
| 3 Bedrooms | $769.5K | $782.2K | +1.7% |
| 4 Bedrooms | $1.0M | $1.1M | +9.6% |
| 5+ Bedrooms | $1.4M | $1.7M | +14.7% |
Summary: Old Fourth Ward housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 14.7%.
Housing Supply in Old Fourth Ward, GA
How many homes are available in Old Fourth Ward, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 124 | 147 | +18.5% |
Summary: The Old Fourth Ward real estate market had 147 homes for sale in October 2024, a 18.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 37 | 46 | +24.3% |
| 2 Bedrooms | 40 | 45 | +12.5% |
| 3 Bedrooms | 32 | 39 | +21.9% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Old Fourth Ward housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 23 | +155.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Old Fourth Ward, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Old Fourth Ward in October 2024, up by 155.6% month-over-month. Of the 21 sold homes, 76% were sold under asking, 19% were sold at asking, and 5% were sold over asking.
Days on Market for Old Fourth Ward, GA
How long does it take to sell a home in Old Fourth Ward, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 56 Days | +169.2% |
Summary: Homes in Old Fourth Ward had an average of 56 days on market in Oct 2024, up by 169.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Old Fourth Ward has remained consistent over time.
Summary: During October 2024, 23 homes were sold in Old Fourth Ward; 30% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.