Is Dalton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Dalton was a Seller's Market.
Housing Prices in Dalton, GA
How much do homes in Dalton, GA cost?
Median Sold Price
$261,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dalton was $261,000 in May 2024, up 13% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $122.5K | $197K | +60.8% |
3 Bedrooms | $227.7K | $250K | +9.8% |
4 Bedrooms | $327.4K | $324.4K | -0.9% |
5+ Bedrooms | $340K | $426K | +25.3% |
Summary: Dalton 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 60.8%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
Dalton | $231K | $261K | +13.0% |
Rocky Face | $298K | $307K | +3.0% |
West Whitfield | $265K | $267K | +0.8% |
Housing Supply in Dalton, GA
How many homes are available in Dalton, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
124 | 151 | +21.8% |
Summary: The Dalton real estate market had 151 homes for sale in May 2024, a 21.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 64 | 75 | +17.2% |
4 Bedrooms | 27 | 38 | +40.7% |
5+ Bedrooms | 19 | 24 | +26.3% |
Summary: The Dalton 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 remained the same, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 40.7%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Dalton in May 2024, up by 11.1% month-over-month. Of the 19 sold homes, 47% were sold under asking, 32% were sold at asking, and 21% were sold over asking.
Days on Market for Dalton, GA
How long does it take to sell a home in Dalton, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 34 Days | -31.4% |
Summary: Homes in Dalton had an average of 34 days on market in May 2024, down by 31.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Dalton; 30% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.