Is Tallapoosa, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tallapoosa has remained a Seller's Market.
Housing Prices in Tallapoosa, GA
How much do homes in Tallapoosa, GA cost?
Median Sold Price
$245,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tallapoosa was $245,000 in April 2024, up 16.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136K | $148.7K | +9.4% |
2 Bedrooms | $147.4K | $175K | +18.7% |
3 Bedrooms | $170K | $260K | +52.9% |
4 Bedrooms | $322.5K | $198K | -38.6% |
5+ Bedrooms | $200K | $264K | +32.0% |
Summary: Tallapoosa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 52.9%, 4 bedroom homes decreased by 38.6%, and 5+ bedroom homes increased by 32%.
Housing Supply in Tallapoosa, GA
How many homes are available in Tallapoosa, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Tallapoosa real estate market had 22 homes for sale in April 2024, a 4.8% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Tallapoosa 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Tallapoosa in April 2024, up by 166.7% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Tallapoosa, GA
How long does it take to sell a home in Tallapoosa, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 115 Days | +332.2% |
Summary: Homes in Tallapoosa had an average of 115 days on market in Apr 2024, up by 332.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Tallapoosa; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.