$5,035 Closing Credit*
$424,000
2 Beds
•2 Full Baths
Michael Ellman, Listing Office: Chapman Hall Realtors
Is Peoplestown, 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, Peoplestown was a Seller's Market.
Key Takeaway
Peoplestown 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 Peoplestown, GA
How much do homes in Peoplestown, GA cost?
Median Sold Price
$438,000
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$62,000(-12.4%)
Key Takeaway
Homes in Peoplestown have sold for 12.4% less than they did a year ago.
Summary: The median home sold price in Peoplestown was $438,000 in October 2024, down 12.4% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $792K | $433K | -45.3% |
| 3 Bedrooms | $472.8K | $424.9K | -10.1% |
| 4 Bedrooms | $530K | $603.1K | +13.8% |
| 5+ Bedrooms | - | $713K | N/A |
Summary: Peoplestown 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 45.3%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes did not change.
Housing Supply in Peoplestown, GA
How many homes are available in Peoplestown, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Peoplestown real estate market had 24 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Peoplestown 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 100%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peoplestown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Peoplestown in October 2024, up by 300.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Peoplestown, GA
How long does it take to sell a home in Peoplestown, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 68 Days | -14.2% |
Summary: Homes in Peoplestown had an average of 68 days on market in Oct 2024, down by 14.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Peoplestown has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Peoplestown; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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.