$115,000
24.97 Acres
Land
#307310, Listing Office: 1st Look Realty Inc
Is Thomasville, 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, Thomasville was a Seller's Market.
Key Takeaway
Thomasville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Thomasville, GA
How much do homes in Thomasville, GA cost?
Median Sold Price
$239,900
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,050(-2.9%)
Key Takeaway
Homes in Thomasville have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Thomasville was $239,900 in November 2024, down 2.9% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222K | $93.2K | -58.0% |
| 3 Bedrooms | $238.4K | $256K | +7.3% |
| 4 Bedrooms | $257K | $239.9K | -6.7% |
| 5+ Bedrooms | $754K | $277.4K | -63.2% |
Summary: Thomasville 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 58%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 63.2%.
Housing Supply in Thomasville, GA
How many homes are available in Thomasville, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Summary: The Thomasville real estate market had 37 homes for sale in November 2024, a 7.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Thomasville 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
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 Thomasville, 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 Thomasville in November 2024, down by 50.0% 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 Thomasville, GA
How long does it take to sell a home in Thomasville, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 41 Days | -17.3% |
Summary: Homes in Thomasville had an average of 41 days on market in Nov 2024, down by 17.3% 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 Thomasville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Thomasville; 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.
Based on information from the Georgia MLS © 2024. 
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.