$1,484 Closing Credit*
$125,000
563 SqFt
1 Bed
•1 Full Bath
Catherine LaMon, Listing Office: Keller Williams Realty Buckhead
Is Underwood Hills, 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, Underwood Hills was a Seller's Market.
Key Takeaway
Underwood Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Underwood Hills, GA
How much do homes in Underwood Hills, GA cost?
Median Sold Price
$439,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$26,000(-5.6%)
Key Takeaway
Homes in Underwood Hills have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Underwood Hills was $439,000 in October 2024, down 5.6% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $180K | +2.3% |
| 2 Bedrooms | $363.5K | $425K | +16.9% |
| 3 Bedrooms | $543K | $565K | +4.1% |
| 4 Bedrooms | $600K | $704.9K | +17.5% |
| 5+ Bedrooms | $920K | $1.4M | +57.6% |
Summary: Underwood Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 57.6%.
Housing Supply in Underwood Hills, GA
How many homes are available in Underwood Hills, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Summary: The Underwood Hills real estate market had 23 homes for sale in October 2024, a 14.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Underwood Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Underwood Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Underwood Hills in October 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Underwood Hills, GA
How long does it take to sell a home in Underwood Hills, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 46 Days | +1433.3% |
Summary: Homes in Underwood Hills had an average of 46 days on market in Oct 2024, up by 1433.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Underwood Hills has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Underwood Hills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.