Is West Jackson, 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, West Jackson has remained a Seller's Market.
Housing Prices in West Jackson, GA
How much do homes in West Jackson, GA cost?
Median Sold Price
$444,943
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Jackson was $444,943 in May 2024, up 3.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $2.8M | +2647.4% |
2 Bedrooms | $476K | $499K | +4.8% |
3 Bedrooms | $366.4K | $347.9K | -5.0% |
4 Bedrooms | $432.5K | $444.9K | +2.9% |
5+ Bedrooms | $519.4K | $579.9K | +11.6% |
Summary: West Jackson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2647.4%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in West Jackson, GA
How many homes are available in West Jackson, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
330 | 387 | +17.3% |
Summary: The West Jackson real estate market had 387 homes for sale in May 2024, a 17.3% increase 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 | 7 | 5 | -28.6% |
3 Bedrooms | 61 | 62 | +1.6% |
4 Bedrooms | 155 | 184 | +18.7% |
5+ Bedrooms | 107 | 136 | +27.1% |
Summary: The West Jackson 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 28.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 27.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
62 | 65 | +4.8% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in West Jackson in May 2024, up by 4.8% month-over-month. Of the 65 sold homes, 45% were sold under asking, 34% were sold at asking, and 22% were sold over asking.
Days on Market for West Jackson, GA
How long does it take to sell a home in West Jackson, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 36 Days | -26.3% |
Summary: Homes in West Jackson had an average of 36 days on market in May 2024, down by 26.3% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 65 homes were sold in West Jackson; 54% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.