$5,344 Closing Credit*
$450,000
1,680 SqFt
3 Beds
•2 Full Baths
William Cal Hardie, Listing Office: Arrowhead Land Company
Is Tallapoosa, 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, Tallapoosa was a Seller's Market.
Key Takeaway
Tallapoosa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tallapoosa, GA
How much do homes in Tallapoosa, GA cost?
Median Sold Price
$214,500
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,250(-4.1%)
Key Takeaway
Homes in Tallapoosa have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Tallapoosa was $214,500 in November 2024, down 4.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148.7K | - | N/A |
| 2 Bedrooms | $167K | $147K | -12.0% |
| 3 Bedrooms | $221.2K | $242.5K | +9.6% |
| 4 Bedrooms | $322.5K | $198K | -38.6% |
| 5+ Bedrooms | $349.5K | $213K | -39.1% |
Summary: Tallapoosa 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%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 38.6%, and 5+ bedroom homes decreased by 39.1%.
Median Sold Price Compared To Nearby Cities
| Waco | $256K | $310K | +21.1% |
| Tallapoosa | $223.7K | $214.5K | -4.1% |
Housing Supply in Tallapoosa, GA
How many homes are available in Tallapoosa, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The Tallapoosa real estate market had 34 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Tallapoosa 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 decreased by 20%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tallapoosa, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Tallapoosa in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Tallapoosa, GA
How long does it take to sell a home in Tallapoosa, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 114 Days | 51 Days | -54.7% |
Summary: Homes in Tallapoosa had an average of 51 days on market in Nov 2024, down by 54.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tallapoosa are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Tallapoosa; 67% 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.
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