Is South Historic District, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Historic District is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, South Historic District has remained a Seller's Market.

Key Takeaway

South Historic District is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Historic District, GA

How much do homes in South Historic District, GA cost?

Median Sold Price

$850,000

$500/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$79,500(-8.6%)

Key Takeaway

Homes in South Historic District have sold for 8.6% less than they did a year ago.

Summary: The median home sold price in South Historic District was $850,000 in November 2024, down 8.6% from last year, and the median price per square foot was $500.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $445K$425K
-4.5%
2 $655K$717K
+9.5%
3 $1.1M$850K
-25.3%
4 $1.0M$1.3M
+29.9%
5+ $2.7M$2.4M
-10.8%

Summary: South Historic District housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 25.3%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes decreased by 10.8%.

Housing Supply in South Historic District, GA

How many homes are available in South Historic District, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4649+6.5%

Summary: The South Historic District real estate market had 49 homes for sale in November 2024, a 6.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 57
+40.0%
3 108
-20.0%
4 1314
+7.7%
5+ 1618
+12.5%

Summary: The South Historic District 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 40%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in South Historic District in November 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for South Historic District, 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 24 Days Ago

Newest Listings in South Historic District, GA

Nearby Markets to South Historic District, GA