Is Rossville-Beverly Hills, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rossville-Beverly Hills has remained a Seller's Market.
Housing Prices in Rossville-Beverly Hills, GA
How much do homes in Rossville-Beverly Hills, GA cost?
Median Sold Price
$189,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rossville-Beverly Hills was $189,000 in May 2024, up 1.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193K | - | N/A |
2 Bedrooms | $147K | $159.9K | +8.8% |
3 Bedrooms | $200K | $207K | +3.5% |
4 Bedrooms | $232.5K | $329.5K | +41.7% |
5+ Bedrooms | $350K | $295K | -15.7% |
Summary: Rossville-Beverly Hills 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 increased by 8.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
Chattanooga Valley | $191.5K | $246.6K | +28.8% |
Rossville | $199K | $228K | +14.6% |
Fort Oglethorpe-Lakeview | $223.9K | $250K | +11.6% |
Fort Oglethorpe | $248.4K | $263K | +5.9% |
Rossville-Beverly Hills | $186K | $189K | +1.6% |
Housing Supply in Rossville-Beverly Hills, GA
How many homes are available in Rossville-Beverly Hills, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 | 72 | -5.3% |
Summary: The Rossville-Beverly Hills real estate market had 72 homes for sale in May 2024, a 5.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 41 | 40 | -2.4% |
4 Bedrooms | 14 | 11 | -21.4% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Rossville-Beverly Hills 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 increased by 8.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 28 | +33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Rossville-Beverly Hills in May 2024, up by 33.3% month-over-month. Of the 28 sold homes, 46% were sold under asking, 29% were sold at asking, and 25% were sold over asking.
Days on Market for Rossville-Beverly Hills, GA
How long does it take to sell a home in Rossville-Beverly Hills, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
2 Days | 54 Days | +2628.6% |
Summary: Homes in Rossville-Beverly Hills had an average of 54 days on market in May 2024, up by 2628.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Rossville-Beverly Hills; 7% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.