Is Pendergrass, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pendergrass is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Pendergrass has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pendergrass, GA

How much do homes in Pendergrass, GA cost?

Median Sold Price

$355,000

$172/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Pendergrass has remained the same since last year.

Summary: The median home sold price in Pendergrass was $355,000 in October 2024, the same as last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$236K
N/A
2 --
N/A
3 $313K$322K
+2.9%
4 $361.9K$355K
-1.9%
5+ $375.4K$410K
+9.2%

Summary: Pendergrass 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 did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 9.2%.

Median Sold Price Compared To Nearby Cities

Jefferson
+3.7%
West Jackson
+3.0%
Pendergrass
0.0%

Housing Supply in Pendergrass, GA

How many homes are available in Pendergrass, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6369+9.5%

Summary: The Pendergrass real estate market had 69 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1516
+6.7%
4 3337
+12.1%
5+ 1415
+7.1%

Summary: The Pendergrass 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 increased by 6.7%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
714+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pendergrass, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Pendergrass in October 2024, up by 100.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.

Days on Market for Pendergrass, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days47 Days-10.2%

Summary: Homes in Pendergrass had an average of 47 days on market in Oct 2024, down by 10.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pendergrass has remained consistent over time.

Summary: During October 2024, 14 homes were sold in Pendergrass; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% 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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