Is Pickens County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickens County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pickens County was a Seller's Market.

Key Takeaway

Pickens County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pickens County, GA

How much do homes in Pickens County, GA cost?

Median Sold Price

$421,722

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,682(+5.7%)

Key Takeaway

Homes in Pickens County have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Pickens County was $421,722 in October 2024, up 5.7% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $80.5K$360K
+347.2%
2 $299K$313.2K
+4.8%
3 $370K$365K
-1.4%
4 $518K$529.5K
+2.2%
5+ $629.9K$622K
-1.3%

Summary: Pickens County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 347.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Counties

Cherokee County
+7.7%
Dawson County
+7.1%
Gilmer County
+6.3%
Pickens County
+5.7%
Gordon County
+4.6%

Housing Supply in Pickens County, GA

How many homes are available in Pickens County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
400449+12.3%

Summary: The Pickens County real estate market had 449 homes for sale in October 2024, a 12.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 25
+150.0%
2 3335
+6.1%
3 182199
+9.3%
4 126141
+11.9%
5+ 5769
+21.1%

Summary: The Pickens County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 21.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5363+18.9%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickens County, you may be able to get a good deal. 72.9% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Pickens County in October 2024, up by 18.9% month-over-month. Of the 59 sold homes, 73% were sold under asking, 15% were sold at asking, and 12% were sold over asking.

Days on Market for Pickens County, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days70 Days+88.1%

Summary: Homes in Pickens County had an average of 70 days on market in Oct 2024, up by 88.1% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pickens County has remained consistent over time.

Summary: During October 2024, 63 homes were sold in Pickens County; 35% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 22% 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 20 Days Ago

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