Is Talking Rock, 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, Talking Rock was a Seller's Market.
Housing Prices in Talking Rock, GA
How much do homes in Talking Rock, GA cost?
Median Sold Price
$375,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Talking Rock was $375,000 in April 2024, down 3.8% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $284K | $252.5K | -11.1% |
3 Bedrooms | $325K | $348.5K | +7.2% |
4 Bedrooms | $710K | $398.4K | -43.9% |
5+ Bedrooms | $490K | $975K | +99.0% |
Summary: Talking Rock 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 11.1%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 43.9%, and 5+ bedroom homes increased by 99%.
Housing Supply in Talking Rock, GA
How many homes are available in Talking Rock, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 54 | +31.7% |
Summary: The Talking Rock real estate market had 54 homes for sale in April 2024, a 31.7% increase 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 | 6 | 9 | +50.0% |
3 Bedrooms | 18 | 27 | +50.0% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Talking Rock 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 increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Talking Rock in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Talking Rock, GA
How long does it take to sell a home in Talking Rock, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 45 Days | -14.6% |
Summary: Homes in Talking Rock had an average of 45 days on market in Apr 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Talking Rock; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.