$3,551 Closing Credit*
$299,000
1,300 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Realty
Is Tunnel Hill, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Tunnel Hill was a Buyer's Market.
Key Takeaway
Tunnel Hill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Tunnel Hill, GA
How much do homes in Tunnel Hill, GA cost?
Median Sold Price
$239,900
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$100(0%)
Key Takeaway
The sold price of homes in Tunnel Hill has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.5K | $129.9K | -48.6% |
| 3 Bedrooms | $232.7K | $239K | +2.7% |
| 4 Bedrooms | $330K | $313.7K | -4.9% |
| 5+ Bedrooms | $202K | $357.5K | +77.0% |
Summary: Tunnel Hill 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 decreased by 48.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 77%.
Median Sold Price Compared To Nearby Cities
| West Whitfield | $259K | $269K | +3.9% |
| Tunnel Hill | $240K | $239.9K | 0% |
Housing Supply in Tunnel Hill, GA
How many homes are available in Tunnel Hill, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The Tunnel Hill real estate market had 34 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Tunnel Hill 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 remained the same, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 5 | -61.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tunnel Hill, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Tunnel Hill in October 2024, down by 61.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Tunnel Hill, GA
How long does it take to sell a home in Tunnel Hill, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 33 Days | -8.3% |
Summary: Homes in Tunnel Hill had an average of 33 days on market in Oct 2024, down by 8.3% 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
Key Takeaway
Many homes in Tunnel Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Tunnel Hill; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.