Is Rossville-Beverly Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rossville-Beverly Hills is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Rossville-Beverly Hills has remained a Seller's Market.

Key Takeaway

Rossville-Beverly Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$3,000(+1.6%)

Key Takeaway

Homes in Rossville-Beverly Hills have sold for 1.6% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $193K-
N/A
2 $147K$159.9K
+8.8%
3 $200K$207K
+3.5%
4 $232.5K$329.5K
+41.7%
5+ $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
+28.8%
Rossville
+14.6%
Fort Oglethorpe-Lakeview
+11.6%
Fort Oglethorpe
+5.9%
Rossville-Beverly Hills
+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 2024May 2024CHANGE
7672-5.3%

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

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1213
+8.3%
3 4140
-2.4%
4 1411
-21.4%
5+ 76
-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 2024May 2024CHANGE
2128+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rossville-Beverly Hills, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

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 2023May 2024CHANGE
2 Days54 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rossville-Beverly Hills has remained consistent over time.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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