Is White-Pine Log, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White-Pine Log is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, White-Pine Log was a Seller's Market.

Key Takeaway

White-Pine Log is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in White-Pine Log, GA

How much do homes in White-Pine Log, GA cost?

Median Sold Price

$325,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$26,000(-7.4%)

Key Takeaway

Homes in White-Pine Log have sold for 7.4% less than they did a year ago.

Summary: The median home sold price in White-Pine Log was $325,000 in November 2024, down 7.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $212.5K-
N/A
2 $248.5K$247.5K
-0.4%
3 $300K$305.6K
+1.9%
4 $396.5K$353K
-11.0%
5+ $489.9K$477.5K
-2.6%

Summary: White-Pine Log 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 decreased by 0.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Cartersville
+1.7%
Ludville
-0.3%
Rydal
-4.1%
White
-4.3%
White-Pine Log
-7.4%

Housing Supply in White-Pine Log, GA

How many homes are available in White-Pine Log, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5163+23.5%

Summary: The White-Pine Log real estate market had 63 homes for sale in November 2024, a 23.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2333
+43.5%
4 1718
+5.9%
5+ 89
+12.5%

Summary: The White-Pine Log 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 increased by 43.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
89+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 White-Pine Log, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in White-Pine Log in November 2024, up 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 White-Pine Log, GA

How long does it take to sell a home in White-Pine Log, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days75 Days+224.3%

Summary: Homes in White-Pine Log had an average of 75 days on market in Nov 2024, up by 224.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 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 White-Pine Log has remained consistent over time.

Summary: During November 2024, 9 homes were sold in White-Pine Log; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

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