Is Wheeler County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheeler County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Wheeler County was a Seller's Market.

Key Takeaway

Wheeler County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wheeler County, GA

How much do homes in Wheeler County, GA cost?

Median Sold Price

$80,000

$102/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$435,000(-84.5%)

Key Takeaway

Homes in Wheeler County have sold for 84.5% less than they did a month ago.

Summary: The median home sold price in Wheeler County was $80,000 in October 2024, down 84.5% from last month, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$80K
N/A
2 --
N/A
3 $380K-
N/A
4 $650K-
N/A
5+ --
N/A

Summary: Wheeler County housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Montgomery County
-83.9%
Wheeler County
-84.5%

Housing Supply in Wheeler County, GA

How many homes are available in Wheeler County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Wheeler County real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 32
-33.3%
4 21
-50.0%
5+ 11
0.0%

Summary: The Wheeler County 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 decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Wheeler County, 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 Wheeler County in October 2024, down by 50.0% 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 Wheeler County, GA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days15 Days-70.3%

Summary: Homes in Wheeler County had an average of 15 days on market in Oct 2024, down by 70.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Wheeler County; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Wheeler County, GA

Nearby Markets to Wheeler County, GA

What housing markets are near Wheeler County, GA?