Is Rossville-Beverly Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rossville-Beverly Hills is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Rossville-Beverly Hills has remained a Seller's Market.

Key Takeaway

Rossville-Beverly Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rossville-Beverly Hills, GA

How much do homes in Rossville-Beverly Hills, GA cost?

Median Sold Price

$207,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$13,050(+6.7%)

Key Takeaway

Homes in Rossville-Beverly Hills have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Rossville-Beverly Hills was $207,000 in September 2024, up 6.7% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$50K
N/A
2 $159.4K$162.4K
+1.9%
3 $205K$220K
+7.3%
4 $250.8K$303.4K
+21.0%
5+ $315.4K$308.8K
-2.1%

Summary: Rossville-Beverly Hills housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Cities

Chattanooga Valley
+15.2%
Rossville
+7.4%
Rossville-Beverly Hills
+6.7%
Fort Oglethorpe-Lakeview
+3.2%
Fort Oglethorpe
-2.7%

Housing Supply in Rossville-Beverly Hills, GA

How many homes are available in Rossville-Beverly Hills, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
72720.0%

Summary: The Rossville-Beverly Hills real estate market had 72 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1415
+7.1%
3 5148
-5.9%
4 68
+33.3%
5+ 00
0.0%

Summary: The Rossville-Beverly Hills housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
916+77.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rossville-Beverly Hills, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Rossville-Beverly Hills in September 2024, up by 77.8% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.

Days on Market for Rossville-Beverly Hills, GA

How long does it take to sell a home in Rossville-Beverly Hills, GA?

Average Sale Time

Sep 2023Sep 2024CHANGE
41 Days49 Days+18.5%

Summary: Homes in Rossville-Beverly Hills had an average of 49 days on market in Sep 2024, up by 18.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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 Rossville-Beverly Hills has remained consistent over time.

Summary: During September 2024, 16 homes were sold in Rossville-Beverly Hills; 0% of homes were sold within 30 days, 13% 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 30 Days Ago

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