Is Rocky Face, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rocky Face is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Rocky Face has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Rocky Face, GA

How much do homes in Rocky Face, GA cost?

Median Sold Price

$285,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$13,000(-4.4%)

Key Takeaway

Homes in Rocky Face have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Rocky Face was $285,000 in November 2024, down 4.4% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K-
N/A
2 $160K$185K
+15.6%
3 $298K$253K
-15.1%
4 $302.5K$395K
+30.6%
5+ $499K$305K
-38.9%

Summary: Rocky Face 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 15.6%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes decreased by 38.9%.

Median Sold Price Compared To Nearby Cities

La Fayette
+10.9%
Dalton
+8.0%
West Whitfield
0.4%
Rocky Face
-4.4%

Housing Supply in Rocky Face, GA

How many homes are available in Rocky Face, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2329+26.1%

Summary: The Rocky Face real estate market had 29 homes for sale in November 2024, a 26.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1619
+18.8%
4 44
0.0%
5+ 12
+100.0%

Summary: The Rocky Face 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 increased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rocky Face, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Rocky Face in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Rocky Face, GA

How long does it take to sell a home in Rocky Face, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
3 Days5 Days+66.7%

Summary: Homes in Rocky Face had an average of 5 days on market in Nov 2024, up by 66.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Rocky Face are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Rocky Face; 50% 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 17 Days Ago

Newest Listings in Rocky Face, GA

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