Is Waleska, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waleska is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Waleska was a Seller's Market.

Key Takeaway

Waleska is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Waleska, GA

How much do homes in Waleska, GA cost?

Median Sold Price

$435,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$11,677(+2.8%)

Key Takeaway

Homes in Waleska have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Waleska was $435,000 in May 2024, up 2.8% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $650K-
N/A
2 $317.5K$300K
-5.5%
3 $419.5K$425K
+1.3%
4 $447.4K$487.5K
+9.0%
5+ $537.5K$525K
-2.3%

Summary: Waleska 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 decreased by 5.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 2.3%.

Housing Supply in Waleska, GA

How many homes are available in Waleska, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
106125+17.9%

Summary: The Waleska real estate market had 125 homes for sale in May 2024, a 17.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 4544
-2.2%
4 4154
+31.7%
5+ 712
+71.4%

Summary: The Waleska 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 increased by 15.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes increased by 71.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2817-39.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waleska, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Waleska in May 2024, down by 39.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Waleska, GA

How long does it take to sell a home in Waleska, GA?

Average Sale Time

May 2023May 2024CHANGE
26 Days45 Days+73.2%

Summary: Homes in Waleska had an average of 45 days on market in May 2024, up by 73.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Waleska has remained consistent over time.

Summary: During May 2024, 17 homes were sold in Waleska; 24% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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