$2,755,000
337.02 Acres
Land
Travis Herndon, Listing Office: Cantrell Realty
Is Talking Rock, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Talking Rock was a Seller's Market.
Key Takeaway
Talking Rock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Talking Rock, GA
How much do homes in Talking Rock, GA cost?
Median Sold Price
$371,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$13,900(-3.6%)
Key Takeaway
Homes in Talking Rock have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Talking Rock was $371,000 in November 2024, down 3.6% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.5K | $220K | -12.9% |
| 3 Bedrooms | $325K | $353.7K | +8.8% |
| 4 Bedrooms | $573K | $410K | -28.4% |
| 5+ Bedrooms | $572K | $787.5K | +37.7% |
Summary: Talking Rock 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 decreased by 12.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 28.4%, and 5+ bedroom homes increased by 37.7%.
Housing Supply in Talking Rock, GA
How many homes are available in Talking Rock, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 71 | -2.7% |
Summary: The Talking Rock real estate market had 71 homes for sale in November 2024, a 2.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 39 | 34 | -12.8% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Talking Rock 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 33.3%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Talking Rock, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Talking Rock in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Talking Rock, GA
How long does it take to sell a home in Talking Rock, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 46 Days | +47.2% |
Summary: Homes in Talking Rock had an average of 46 days on market in Nov 2024, up by 47.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Talking Rock has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Talking Rock; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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