Is Lumpkin County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lumpkin County has remained a Seller's Market.
Housing Prices in Lumpkin County, GA
How much do homes in Lumpkin County, GA cost?
Median Sold Price
$367,993
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lumpkin County was $367,993 in April 2024, up 3.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $274.9K | $225K | -18.2% |
2 Bedrooms | $268.7K | $280K | +4.2% |
3 Bedrooms | $315K | $340.4K | +8.1% |
4 Bedrooms | $437.2K | $436.5K | -0.2% |
5+ Bedrooms | $550.1K | $645K | +17.2% |
Summary: Lumpkin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Counties
Union County | $363.1K | $406.1K | +11.9% |
White County | $324.9K | $350.3K | +7.8% |
Lumpkin County | $354.3K | $367.9K | +3.9% |
Dawson County | $415K | $420K | +1.2% |
Fannin County | $581.5K | $575K | -1.1% |
Housing Supply in Lumpkin County, GA
How many homes are available in Lumpkin County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
136 | 166 | +22.1% |
Summary: The Lumpkin County real estate market had 166 homes for sale in April 2024, a 22.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 65 | 85 | +30.8% |
4 Bedrooms | 42 | 47 | +11.9% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Lumpkin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Lumpkin County in April 2024, up by 28.0% month-over-month. Of the 29 sold homes, 28% were sold under asking, 62% were sold at asking, and 10% were sold over asking.
Days on Market for Lumpkin County, GA
How long does it take to sell a home in Lumpkin County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 33 Days | +13.6% |
Summary: Homes in Lumpkin County had an average of 33 days on market in Apr 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Lumpkin County; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.