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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Point is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in West Point, GA

How much do homes in West Point, GA cost?

Median Sold Price

$239,500

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,050(+18.3%)

Key Takeaway

Homes in West Point have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in West Point was $239,500 in November 2024, up 18.3% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K-
N/A
2 $82.5K$167K
+102.4%
3 $195.1K$223K
+14.3%
4 $277.4K$290K
+4.5%
5+ $335K$330K
-1.5%

Summary: West Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 102.4%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

West Point
+20.4%
West Point
+18.3%

Housing Supply in West Point, GA

How many homes are available in West Point, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3225-21.9%

Summary: The West Point real estate market had 25 homes for sale in November 2024, a 21.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 52
-60.0%
3 1111
0.0%
4 1210
-16.7%
5+ 31
-66.7%

Summary: The West Point 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 decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Point, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in West Point in November 2024, down by 70.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for West Point, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days18 Days-14.1%

Summary: Homes in West Point had an average of 18 days on market in Nov 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Point are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in West Point; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 West Point, GA

Nearby Markets to West Point, GA