$2,065 Closing Credit*
$173,900
1,404 SqFt
3 Beds
•2 Full Baths
Elena Stanfield, Listing Office: Bowers & Burns Real Estate Co.
Is Pine Mountain, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pine Mountain has remained a Seller's Market.
Key Takeaway
Pine Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Mountain, GA
How much do homes in Pine Mountain, GA cost?
Median Sold Price
$300,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-6.3%)
Key Takeaway
Homes in Pine Mountain have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Pine Mountain was $300,000 in October 2024, down 6.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $76K | N/A |
| 2 Bedrooms | $189K | $210K | +11.1% |
| 3 Bedrooms | $312.3K | $299.3K | -4.2% |
| 4 Bedrooms | $380.9K | $441K | +15.7% |
| 5+ Bedrooms | $542.7K | $375K | -30.9% |
Summary: Pine Mountain 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 increased by 11.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes decreased by 30.9%.
Median Sold Price Compared To Nearby Cities
| Oak Grove | $265K | $274.9K | +3.7% |
| Pine Mountain | $320K | $300K | -6.3% |
Housing Supply in Pine Mountain, GA
How many homes are available in Pine Mountain, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Pine Mountain real estate market had 27 homes for sale in October 2024, a 17.4% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Pine Mountain 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 increased by 36.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Mountain, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Pine Mountain in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 69 Days | +315.9% |
Summary: Homes in Pine Mountain had an average of 69 days on market in Oct 2024, up by 315.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Mountain are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Pine Mountain; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
