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 neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

White-Pine Log 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 White-Pine Log, GA

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

Median Sold Price

$330,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$25,000(-7.0%)

Key Takeaway

Homes in White-Pine Log have sold for 7% less than they did a year ago.

Summary: The median home sold price in White-Pine Log was $330,000 in May 2024, down 7% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $212.5K-
N/A
2 $271K$195K
-28.0%
3 $294.5K$305K
+3.6%
4 $396.5K$359K
-9.5%
5+ $527.9K$435K
-17.6%

Summary: White-Pine Log 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 decreased by 28%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 17.6%.

Median Sold Price Compared To Nearby Cities

Cartersville
+1.7%
Ludville
0.1%
White
-1.4%
White-Pine Log
-7.0%
Rydal
-12.0%

Housing Supply in White-Pine Log, GA

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
5269+32.7%

Summary: The White-Pine Log real estate market had 69 homes for sale in May 2024, a 32.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1930
+57.9%
4 2123
+9.5%
5+ 813
+62.5%

Summary: The White-Pine Log 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 25%, 3 bedroom homes increased by 57.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 62.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
11110.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 60% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in White-Pine Log in May 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% 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

May 2023May 2024CHANGE
43 Days90 Days+107.1%

Summary: Homes in White-Pine Log had an average of 90 days on market in May 2024, up by 107.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in White-Pine Log are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 11 homes were sold in White-Pine Log; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% 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 2 Days Ago

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