Is Rutledge, 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, Rutledge was a Buyer's Market.
Housing Prices in Rutledge, GA
How much do homes in Rutledge, GA cost?
Median Sold Price
$395,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rutledge was $395,000 in April 2024, down 1.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | $316K | +34.5% |
3 Bedrooms | $400K | $238.5K | -40.4% |
4 Bedrooms | $455K | $525K | +15.4% |
5+ Bedrooms | $815K | $500K | -38.7% |
Summary: Rutledge 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 increased by 34.5%, 3 bedroom homes decreased by 40.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 38.7%.
Housing Supply in Rutledge, GA
How many homes are available in Rutledge, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Rutledge real estate market had 16 homes for sale in April 2024, a 5.9% 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 | 3 | 2 | -33.3% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Rutledge 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 decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Rutledge in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rutledge, GA
How long does it take to sell a home in Rutledge, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 2 Days | -80.0% |
Summary: Homes in Rutledge had an average of 2 days on market in Apr 2024, down by 80% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Rutledge; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.