Is Rock Creek, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Creek is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rock Creek was a Neutral Market.

Key Takeaway

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

Housing Prices in Rock Creek, GA

How much do homes in Rock Creek, GA cost?

Median Sold Price

$385,500

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,600(+15.1%)

Key Takeaway

Homes in Rock Creek have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Rock Creek was $385,500 in November 2024, up 15.1% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $28K$175K
+525.0%
2 $180K$315K
+75.0%
3 $305K$315K
+3.3%
4 $447.5K$675K
+50.8%
5+ $730K$1.0M
+38.4%

Summary: Rock Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 525%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 50.8%, and 5+ bedroom homes increased by 38.4%.

Median Sold Price Compared To Nearby Cities

Rock Creek
+15.1%
Toccoa
+13.8%
Martin
+12.1%
Martin-Avalon
-0.3%
Eastanollee
-3.5%

Housing Supply in Rock Creek, GA

How many homes are available in Rock Creek, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6364+1.6%

Summary: The Rock Creek real estate market had 64 homes for sale in November 2024, a 1.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 67
+16.7%
3 3330
-9.1%
4 1214
+16.7%
5+ 1010
0.0%

Summary: The Rock Creek housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Creek, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Rock Creek in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Rock Creek, GA

How long does it take to sell a home in Rock Creek, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
93 Days45 Days-51.1%

Summary: Homes in Rock Creek had an average of 45 days on market in Nov 2024, down by 51.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rock Creek has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Rock Creek; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Rock Creek, GA

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