Is Pine Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Hills is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pine Hills was a Seller's Market.

Key Takeaway

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

Housing Prices in Pine Hills, GA

How much do homes in Pine Hills, GA cost?

Median Sold Price

$339,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$26,000(-7.1%)

Key Takeaway

Homes in Pine Hills have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in Pine Hills was $339,000 in November 2024, down 7.1% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $207K$217K
+4.8%
2 $302.5K$295K
-2.5%
3 $554.3K$548.2K
-1.1%
4 $840K$689.5K
-17.9%
5+ $1.1M$1.2M
+8.0%

Summary: Pine Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Neighborhoods

The Plantation at Lenox
-4.9%
Pine Hills
-7.1%

Housing Supply in Pine Hills, GA

How many homes are available in Pine Hills, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
121119-1.7%

Summary: The Pine Hills real estate market had 119 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2727
0.0%
2 5757
0.0%
3 1213
+8.3%
4 2119
-9.5%
5+ 43
-25.0%

Summary: The Pine Hills 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 remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16160.0%

Asking Price vs. Sold Price

9 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 Pine Hills, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Pine Hills in November 2024, the same as the previous month. Of the 16 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.

Days on Market for Pine Hills, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days54 Days+116.4%

Summary: Homes in Pine Hills had an average of 54 days on market in Nov 2024, up by 116.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 16 homes were sold in Pine Hills; 56% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in Pine Hills, GA

Nearby Markets to Pine Hills, GA