Is Sand Mountain, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sand Mountain is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Sand Mountain has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Sand Mountain, GA

How much do homes in Sand Mountain, GA cost?

Median Sold Price

$231,000

$163/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$146,500(-38.8%)

Key Takeaway

Homes in Sand Mountain have sold for 38.8% less than they did a month ago.

Summary: The median home sold price in Sand Mountain was $231,000 in October 2024, down 38.8% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$231K
N/A
4 $377.5K$775K
+105.3%
5+ --
N/A

Summary: Sand Mountain housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 105.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rising Fawn
-3.3%
Sand Mountain
-38.8%

Housing Supply in Sand Mountain, GA

How many homes are available in Sand Mountain, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23230.0%

Summary: The Sand Mountain real estate market had 23 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1515
0.0%
4 54
-20.0%
5+ 01
+100.0%

Summary: The Sand Mountain 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was 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 Sand Mountain, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Sand Mountain in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Sand Mountain, GA

How long does it take to sell a home in Sand Mountain, GA?

Average Sale Time

Sep 2024Oct 2024CHANGE
1 Day113 Days+11250.0%

Summary: Homes in Sand Mountain had an average of 113 days on market in Oct 2024, up by 11250% compared to last month.

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 Sand Mountain are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Sand Mountain; 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 16 Days Ago

Newest Listings in Sand Mountain, GA

Nearby Markets to Sand Mountain, GA

What housing markets are near Sand Mountain, GA?