Is Nelson-Tate-Marble Hill, 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, Nelson-Tate-Marble Hill was a Seller's Market.
Housing Prices in Nelson-Tate-Marble Hill, GA
How much do homes in Nelson-Tate-Marble Hill, GA cost?
Median Sold Price
$468,333
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nelson-Tate-Marble Hill was $468,333 in May 2024, up 14.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $262.5K | $279.5K | +6.5% |
3 Bedrooms | $360K | $412.4K | +14.6% |
4 Bedrooms | $615K | $630K | +2.4% |
5+ Bedrooms | $895K | $614K | -31.4% |
Summary: Nelson-Tate-Marble Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 31.4%.
Median Sold Price Compared To Nearby Cities
Nelson-Tate-Marble Hill | $407.7K | $468.3K | +14.9% |
Jasper | $380K | $430.5K | +13.3% |
Housing Supply in Nelson-Tate-Marble Hill, GA
How many homes are available in Nelson-Tate-Marble Hill, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
180 | 196 | +8.9% |
Summary: The Nelson-Tate-Marble Hill real estate market had 196 homes for sale in May 2024, a 8.9% 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 | 7 | 6 | -14.3% |
3 Bedrooms | 84 | 95 | +13.1% |
4 Bedrooms | 66 | 69 | +4.5% |
5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Nelson-Tate-Marble Hill 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 14.3%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 20 | -35.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Nelson-Tate-Marble Hill in May 2024, down by 35.5% month-over-month. Of the 20 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.
Days on Market for Nelson-Tate-Marble Hill, GA
How long does it take to sell a home in Nelson-Tate-Marble Hill, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 34 Days | -20.9% |
Summary: Homes in Nelson-Tate-Marble Hill had an average of 34 days on market in May 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Nelson-Tate-Marble Hill; 70% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.