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 buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Rising Fawn was a Seller's Market.

Key Takeaway

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

Housing Prices in Rising Fawn, GA

How much do homes in Rising Fawn, GA cost?

Median Sold Price

$435,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$80,000(+22.5%)

Key Takeaway

Homes in Rising Fawn have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in Rising Fawn was $435,000 in December 2024, up 22.5% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $240K$275K
+14.6%
2 $246K$160K
-35.0%
3 $390K$424.9K
+8.9%
4 $1.0M$492.5K
-53.8%
5+ $497.5K$2.3M
+372.4%

Summary: Rising Fawn housing prices by bedroom type for December 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 8.9%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes increased by 372.4%.

Median Sold Price Compared To Nearby Cities

Rising Fawn
+22.5%
Lookout Mountain
+14.1%
Flintstone
+4.9%

Housing Supply in Rising Fawn, GA

How many homes are available in Rising Fawn, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3630-16.7%

Summary: The Rising Fawn real estate market had 30 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 1411
-21.4%
4 1413
-7.1%
5+ 65
-16.7%

Summary: The Rising Fawn housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Rising Fawn in December 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Dec 2023Dec 2024CHANGE
50 Days67 Days+34.0%

Summary: Homes in Rising Fawn had an average of 67 days on market in Dec 2024, up by 34% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Rising Fawn; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 14 Days Ago

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