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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Turnerville is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Turnerville was a Seller's Market.

Key Takeaway

Turnerville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Turnerville, GA

How much do homes in Turnerville, GA cost?

Median Sold Price

$363,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$36,500(-9.1%)

Key Takeaway

Homes in Turnerville have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in Turnerville was $363,500 in October 2024, down 9.1% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $172.6K$199.5K
+15.6%
3 $353.9K$270K
-23.7%
4 $549.9K$560K
+1.8%
5+ $620K$769.5K
+24.1%

Summary: Turnerville 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 15.6%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 24.1%.

Median Sold Price Compared To Nearby Cities

Lakemont
+22.5%
Turnerville
-9.1%

Housing Supply in Turnerville, GA

How many homes are available in Turnerville, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
33330.0%

Summary: The Turnerville real estate market had 33 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 02
+100.0%
3 1820
+11.1%
4 108
-20.0%
5+ 42
-50.0%

Summary: The Turnerville 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 increased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 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 Turnerville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Turnerville in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Turnerville, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days55 Days+134.4%

Summary: Homes in Turnerville had an average of 55 days on market in Oct 2024, up by 134.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Turnerville; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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

Newest Listings in Turnerville, GA

Nearby Markets to Turnerville, GA

What housing markets are near Turnerville, GA?