Is Temple, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Temple is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Temple has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Temple, GA

How much do homes in Temple, GA cost?

Median Sold Price

$285,000

$175/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Temple has remained the same since last year.

Summary: The median home sold price in Temple was $285,000 in October 2024, the same as last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $93K-
N/A
2 $185K$210.9K
+14.0%
3 $261.4K$274.9K
+5.1%
4 $315K$307.5K
-2.4%
5+ $349.6K$384.5K
+10.0%

Summary: Temple housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 10%.

Housing Supply in Temple, GA

How many homes are available in Temple, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
137156+13.9%

Summary: The Temple real estate market had 156 homes for sale in October 2024, a 13.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 6665
-1.5%
4 5566
+20.0%
5+ 1421
+50.0%

Summary: The Temple 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 increased by 100%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2127+28.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Temple, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Temple in October 2024, up by 28.6% month-over-month. Of the 25 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.

Days on Market for Temple, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days45 Days+47.2%

Summary: Homes in Temple had an average of 45 days on market in Oct 2024, up by 47.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Temple has remained consistent over time.

Summary: During October 2024, 27 homes were sold in Temple; 41% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

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