$2,375 Closing Credit*
$200,000
1,056 SqFt
3 Beds
•1 Full Bath
Valerie English, Listing Office: GALISTED2SOLD
Is Thomaston, 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, Thomaston was a Seller's Market.
Key Takeaway
Thomaston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Thomaston, GA
How much do homes in Thomaston, GA cost?
Median Sold Price
$191,950
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,050(-1.6%)
Key Takeaway
Homes in Thomaston have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Thomaston was $191,950 in November 2024, down 1.6% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $85K | -15.0% |
| 2 Bedrooms | $143K | $142.5K | -0.3% |
| 3 Bedrooms | $207.5K | $211K | +1.7% |
| 4 Bedrooms | $329.9K | $265.5K | -19.5% |
| 5+ Bedrooms | $345.5K | $335K | -3.0% |
Summary: Thomaston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Thomaston | $195K | $191.9K | -1.6% |
| Salem | $197.4K | $181K | -8.3% |
Housing Supply in Thomaston, GA
How many homes are available in Thomaston, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 108 | 126 | +16.7% |
Summary: The Thomaston real estate market had 126 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 59 | 68 | +15.3% |
| 4 Bedrooms | 20 | 27 | +35.0% |
| 5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The Thomaston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thomaston, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Thomaston in November 2024, the same as the previous month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Thomaston, GA
How long does it take to sell a home in Thomaston, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 53 Days | +66.5% |
Summary: Homes in Thomaston had an average of 53 days on market in Nov 2024, up by 66.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thomaston are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Thomaston; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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