Is Thomasville Heights, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thomasville Heights is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Thomasville Heights, GA

How much do homes in Thomasville Heights, GA cost?

Median Sold Price

$252,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$24,005(+10.5%)

Key Takeaway

Homes in Thomasville Heights have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Thomasville Heights was $252,500 in June 2024, up 10.5% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $165K$150K
-9.1%
3 $228.9K$295K
+28.8%
4 $280K$174K
-37.9%
5+ --
N/A

Summary: Thomasville Heights housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 28.8%, 4 bedroom homes decreased by 37.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Thomasville Heights
+10.5%
Custer / McDonough / Guice
+3.7%

Housing Supply in Thomasville Heights, GA

How many homes are available in Thomasville Heights, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
811+37.5%

Summary: The Thomasville Heights real estate market had 11 homes for sale in June 2024, a 37.5% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 58
+60.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Thomasville Heights housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thomasville Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Thomasville Heights in June 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Thomasville Heights, GA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
16 Days48 Days+200.4%

Summary: Homes in Thomasville Heights had an average of 48 days on market in Jun 2024, up by 200.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Thomasville Heights are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 2 homes were sold in Thomasville Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 5 Days Ago

Newest Listings in Thomasville Heights, GA

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