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 October 2023

At the same time last year, Rocky Face was a Seller'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

$299,900

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,900(+0.6%)

Key Takeaway

Homes in Rocky Face have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Rocky Face was $299,900 in October 2024, up 0.6% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K-
N/A
2 $160K$152.5K
-4.7%
3 $298K$241.5K
-19.0%
4 $302.5K$395K
+30.6%
5+ $633K$305K
-51.8%

Summary: Rocky Face 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 decreased by 4.7%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes decreased by 51.8%.

Median Sold Price Compared To Nearby Cities

La Fayette
+10.0%
Dalton
+4.4%
West Whitfield
+3.9%
Rocky Face
+0.6%

Housing Supply in Rocky Face, GA

How many homes are available in Rocky Face, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1622+37.5%

Summary: The Rocky Face real estate market had 22 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1216
+33.3%
4 24
+100.0%
5+ 11
0.0%

Summary: The Rocky Face 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Rocky Face in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Rocky Face, GA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Rocky Face, GA

Nearby Markets to Rocky Face, GA

What housing markets are near Rocky Face, GA?