Is Hall 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, Hall County has remained a Seller's Market.
Housing Prices in Hall County, GA
How much do homes in Hall County, GA cost?
Median Sold Price
$388,713
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hall County was $388,713 in April 2024, up 4.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $220K | -20.0% |
2 Bedrooms | $250K | $263K | +5.2% |
3 Bedrooms | $323.4K | $340K | +5.1% |
4 Bedrooms | $425K | $450K | +5.9% |
5+ Bedrooms | $568.2K | $600K | +5.6% |
Summary: Hall County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Counties
Banks County | $315K | $337.1K | +7.0% |
Forsyth County | $549.5K | $579.5K | +5.5% |
Hall County | $372.8K | $388.7K | +4.3% |
Lumpkin County | $354.3K | $367.9K | +3.9% |
Jackson County | $411.7K | $426.9K | +3.7% |
Housing Supply in Hall County, GA
How many homes are available in Hall County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,018 | 1,134 | +11.4% |
Summary: The Hall County real estate market had 1,134 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 10 | +25.0% |
2 Bedrooms | 69 | 68 | -1.4% |
3 Bedrooms | 389 | 406 | +4.4% |
4 Bedrooms | 352 | 414 | +17.6% |
5+ Bedrooms | 200 | 236 | +18.0% |
Summary: The Hall County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 18%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
228 | 232 | +1.8% |
Asking Price vs. Sold Price
125 Homes Were Sold
Under Asking
52 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Summary: A total of 232 homes were sold or pending in Hall County in April 2024, up by 1.8% month-over-month. Of the 225 sold homes, 56% were sold under asking, 23% were sold at asking, and 21% were sold over asking.
Days on Market for Hall County, GA
How long does it take to sell a home in Hall County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 38 Days | +12.2% |
Summary: Homes in Hall County had an average of 38 days on market in Apr 2024, up by 12.2% compared to last year.
Breakdown of Home Sale Times
147 Homes Were Sold
Under 30 Days
56 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During April 2024, 232 homes were sold in Hall County; 63% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.