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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waresboro is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Waresboro has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Waresboro, GA

How much do homes in Waresboro, GA cost?

Median Sold Price

$125,000

$92/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$53,000(-29.8%)

Key Takeaway

Homes in Waresboro have sold for 29.8% less than they did a month ago.

Summary: The median home sold price in Waresboro was $125,000 in December 2024, down 29.8% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $171.5K$180K
+5.0%
4 -$73K
N/A
5+ $499.9K-
N/A

Summary: Waresboro housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Waresboro, GA

How many homes are available in Waresboro, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1619+18.8%

Summary: The Waresboro real estate market had 19 homes for sale in December 2024, a 18.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1012
+20.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The Waresboro housing inventory by bedroom type for December 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 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waresboro, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Waresboro in December 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Waresboro, GA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
41 Days80 Days+97.1%

Summary: Homes in Waresboro had an average of 80 days on market in Dec 2024, up by 97.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 5 homes were sold in Waresboro; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

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