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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Mountain is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Pine Mountain, GA

How much do homes in Pine Mountain, GA cost?

Median Sold Price

$305,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,650(-3.1%)

Key Takeaway

Homes in Pine Mountain have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Pine Mountain was $305,000 in November 2024, down 3.1% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$76K
N/A
2 $189K$210K
+11.1%
3 $305K$274.9K
-9.9%
4 $372K$461.7K
+24.1%
5+ $648K$375K
-42.1%

Summary: Pine Mountain housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 42.1%.

Housing Supply in Pine Mountain, GA

How many homes are available in Pine Mountain, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
27270.0%

Summary: The Pine Mountain real estate market had 27 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1616
0.0%
4 66
0.0%
5+ 33
0.0%

Summary: The Pine Mountain 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Mountain, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Pine Mountain in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Pine Mountain, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days5 Days-82.5%

Summary: Homes in Pine Mountain had an average of 5 days on market in Nov 2024, down by 82.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Pine Mountain; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Pine Mountain, GA

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