Is Tyrone, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Tyrone has remained a Seller's Market.
Key Takeaway
Tyrone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tyrone, GA
How much do homes in Tyrone, GA cost?
Median Sold Price
$589,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Tyrone have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Tyrone was $589,000 in May 2024, up 10.1% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $200K | N/A |
| 3 Bedrooms | $332K | $380.5K | +14.6% |
| 4 Bedrooms | $507.5K | $565K | +11.3% |
| 5+ Bedrooms | $615K | $699K | +13.7% |
Summary: Tyrone 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 did not change, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Cities
| Peachtree City-Tyrone | $540.3K | $598K | +10.7% |
| Tyrone | $535K | $589K | +10.1% |
| Peachtree City | $522.4K | $556.5K | +6.5% |
Housing Supply in Tyrone, GA
How many homes are available in Tyrone, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 41 | -4.7% |
Summary: The Tyrone real estate market had 41 homes for sale in May 2024, a 4.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The Tyrone 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tyrone, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Tyrone in May 2024, up by 62.5% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Tyrone, GA
How long does it take to sell a home in Tyrone, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 26 Days | 11 Days | -57.5% |
Summary: Homes in Tyrone had an average of 11 days on market in May 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tyrone are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Tyrone; 85% 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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.