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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Whitfield is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, West Whitfield has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in West Whitfield, GA

How much do homes in West Whitfield, GA cost?

Median Sold Price

$269,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+3.9%)

Key Takeaway

Homes in West Whitfield have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in West Whitfield was $269,000 in October 2024, up 3.9% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K-
N/A
2 $160K$165K
+3.1%
3 $240K$239K
-0.4%
4 $305K$395K
+29.5%
5+ $487K$333.7K
-31.5%

Summary: West Whitfield 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 3.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes decreased by 31.5%.

Median Sold Price Compared To Nearby Cities

Dalton
+4.4%
West Whitfield
+3.9%
Rocky Face
+0.6%
Tunnel Hill
0%

Housing Supply in West Whitfield, GA

How many homes are available in West Whitfield, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3850+31.6%

Summary: The West Whitfield real estate market had 50 homes for sale in October 2024, a 31.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2129
+38.1%
4 711
+57.1%
5+ 99
0.0%

Summary: The West Whitfield 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 remained the same, 3 bedroom homes increased by 38.1%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in West Whitfield in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for West Whitfield, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
126 Days33 Days-73.8%

Summary: Homes in West Whitfield had an average of 33 days on market in Oct 2024, down by 73.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Whitfield are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in West Whitfield; 25% of homes were sold within 30 days, 25% 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 16 Days Ago

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