Is Cohutta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cohutta was a Seller's Market.
Housing Prices in Cohutta, GA
How much do homes in Cohutta, GA cost?
Median Sold Price
$410,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cohutta was $410,000 in April 2024, up 86.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $35K | -77.4% |
2 Bedrooms | $215K | $210K | -2.3% |
3 Bedrooms | $219.9K | $267.5K | +21.6% |
4 Bedrooms | $319.9K | $495K | +54.7% |
5+ Bedrooms | $410K | $629K | +53.4% |
Summary: Cohutta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 54.7%, and 5+ bedroom homes increased by 53.4%.
Median Sold Price Compared To Nearby Cities
Cohutta | $219.9K | $410K | +86.4% |
North Whitfield | $285K | $349.9K | +22.8% |
Housing Supply in Cohutta, GA
How many homes are available in Cohutta, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 31 | -3.1% |
Summary: The Cohutta real estate market had 31 homes for sale in April 2024, a 3.1% decrease 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 | 2 | 2 | 0.0% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 12 | 9 | -25.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Cohutta 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 remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cohutta in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Cohutta, GA
How long does it take to sell a home in Cohutta, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 78 Days | -9.0% |
Summary: Homes in Cohutta had an average of 78 days on market in Apr 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Cohutta; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.