Is Hogansville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hogansville was a Seller's Market.
Housing Prices in Hogansville, GA
How much do homes in Hogansville, GA cost?
Median Sold Price
$250,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hogansville was $250,000 in May 2024, down 3.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $33K | $50K | +51.5% |
2 Bedrooms | $113.5K | $120K | +5.7% |
3 Bedrooms | $220K | $235K | +6.8% |
4 Bedrooms | $275.4K | $326.4K | +18.5% |
5+ Bedrooms | $340K | - | N/A |
Summary: Hogansville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.5%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes did not change.
Housing Supply in Hogansville, GA
How many homes are available in Hogansville, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 70 | +9.4% |
Summary: The Hogansville real estate market had 70 homes for sale in May 2024, a 9.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 26 | 30 | +15.4% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hogansville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Hogansville in May 2024, down by 28.6% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.
Days on Market for Hogansville, GA
How long does it take to sell a home in Hogansville, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 45 Days | +37.0% |
Summary: Homes in Hogansville had an average of 45 days on market in May 2024, up by 37% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Hogansville; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.