Is West Dougherty, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Dougherty is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in West Dougherty, GA

How much do homes in West Dougherty, GA cost?

Median Sold Price

$57,500

$51/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$148,500(-72.1%)

Key Takeaway

Homes in West Dougherty have sold for 72.1% less than they did a month ago.

Summary: The median home sold price in West Dougherty was $57,500 in November 2024, down 72.1% from last month, and the median price per square foot was $51.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $35K$50K
+42.9%
3 $152.5K$158.1K
+3.7%
4 $270K$35K
-87.0%
5+ --
N/A

Summary: West Dougherty housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 87%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Albany
-68.4%
West Dougherty
-72.1%

Housing Supply in West Dougherty, GA

How many homes are available in West Dougherty, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3938-2.6%

Summary: The West Dougherty real estate market had 38 homes for sale in November 2024, a 2.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2323
0.0%
4 86
-25.0%
5+ 12
+100.0%

Summary: The West Dougherty housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Dougherty, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in West Dougherty in November 2024, down by 12.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for West Dougherty, GA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
69 Days131 Days+89.0%

Summary: Homes in West Dougherty had an average of 131 days on market in Nov 2024, up by 89% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in West Dougherty are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 7 homes were sold in West Dougherty; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% 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 21 Days Ago

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