Is Rising Fawn, 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, Rising Fawn was a Seller's Market.
Housing Prices in Rising Fawn, GA
How much do homes in Rising Fawn, GA cost?
Median Sold Price
$420,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rising Fawn was $420,000 in May 2024, up 44.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | - | N/A |
2 Bedrooms | $147K | $257.5K | +75.2% |
3 Bedrooms | $340.7K | $412.5K | +21.1% |
4 Bedrooms | $514.5K | $875K | +70.1% |
5+ Bedrooms | $855K | - | N/A |
Summary: Rising Fawn 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 75.2%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 70.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Rising Fawn | $290K | $420K | +44.8% |
Lookout Mountain | $398K | $475K | +19.3% |
Flintstone | $276K | $319.9K | +15.9% |
Housing Supply in Rising Fawn, GA
How many homes are available in Rising Fawn, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Summary: The Rising Fawn real estate market had 25 homes for sale in May 2024, a 3.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rising Fawn 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 decreased by 100%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Rising Fawn in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rising Fawn, GA
How long does it take to sell a home in Rising Fawn, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 25 Days | -27.2% |
Summary: Homes in Rising Fawn had an average of 25 days on market in May 2024, down by 27.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Rising Fawn; 33% 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.