Is Rising Fawn, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rising Fawn is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Rising Fawn has remained a Seller's Market.

Key Takeaway

Rising Fawn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rising Fawn, GA

How much do homes in Rising Fawn, GA cost?

Median Sold Price

$429,950

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$104,950(+32.3%)

Key Takeaway

Homes in Rising Fawn have sold for 32.3% more than they did a year ago.

Summary: The median home sold price in Rising Fawn was $429,950 in November 2024, up 32.3% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $240K$275K
+14.6%
2 $246K$160K
-35.0%
3 $355K$429.9K
+21.1%
4 $1.0M$520K
-51.2%
5+ $497.5K$585K
+17.6%

Summary: Rising Fawn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 35%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 51.2%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Cities

Rising Fawn
+32.3%
Lookout Mountain
+23.6%
Flintstone
+12.5%
Kensington
+8.4%

Housing Supply in Rising Fawn, GA

How many homes are available in Rising Fawn, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3633-8.3%

Summary: The Rising Fawn real estate market had 33 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 1814
-22.2%
4 1413
-7.1%
5+ 34
+33.3%

Summary: The Rising Fawn 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 increased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

7 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 Rising Fawn, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Rising Fawn in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for Rising Fawn, GA

How long does it take to sell a home in Rising Fawn, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days31 Days+72.2%

Summary: Homes in Rising Fawn had an average of 31 days on market in Nov 2024, up by 72.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rising Fawn has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Rising Fawn; 11% of homes were sold within 30 days, 22% 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 2 Days Ago

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