Is Pike County, 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, Pike County was a Seller's Market.
Housing Prices in Pike County, GA
How much do homes in Pike County, GA cost?
Median Sold Price
$379,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pike County was $379,000 in April 2024, up 14.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | - | N/A |
2 Bedrooms | $206.6K | $200K | -3.2% |
3 Bedrooms | $274.4K | $286.8K | +4.5% |
4 Bedrooms | $387.5K | $433.5K | +11.9% |
5+ Bedrooms | $525K | $477.5K | -9.0% |
Summary: Pike County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 9%.
Median Sold Price Compared To Nearby Counties
Pike County | $330K | $379K | +14.8% |
Upson County | $185.6K | $200K | +7.7% |
Lamar County | $241.4K | $253K | +4.8% |
Spalding County | $249.8K | $250K | 0.1% |
Meriwether County | $249.9K | $246.9K | -1.2% |
Housing Supply in Pike County, GA
How many homes are available in Pike County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 79 | +12.9% |
Summary: The Pike County real estate market had 79 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 33 | 32 | -3.0% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Pike County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Pike County in April 2024, down by 14.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for Pike County, GA
How long does it take to sell a home in Pike County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 66 Days | +68.1% |
Summary: Homes in Pike County had an average of 66 days on market in Apr 2024, up by 68.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Pike County; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.