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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chickamauga is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Chickamauga has remained a Seller's Market.

Key Takeaway

Chickamauga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chickamauga, GA

How much do homes in Chickamauga, GA cost?

Median Sold Price

$255,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,000(+13.3%)

Key Takeaway

Homes in Chickamauga have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Chickamauga was $255,000 in May 2024, up 13.3% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $83.1K$309.7K
+272.7%
2 $165K$156.8K
-5.0%
3 $215K$255K
+18.6%
4 $390K$378.5K
-2.9%
5+ $364.9K$433.3K
+18.7%

Summary: Chickamauga housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 272.7%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 18.7%.

Median Sold Price Compared To Nearby Cities

Chickamauga
+13.3%
Fort Oglethorpe-Lakeview
+11.6%
Boynton Ridge
+9.4%
Rossville-Beverly Hills
+1.6%

Housing Supply in Chickamauga, GA

How many homes are available in Chickamauga, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7376+4.1%

Summary: The Chickamauga real estate market had 76 homes for sale in May 2024, a 4.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 108
-20.0%
3 3735
-5.4%
4 2228
+27.3%
5+ 34
+33.3%

Summary: The Chickamauga 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 20%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chickamauga, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Chickamauga in May 2024, up by 5.9% month-over-month. Of the 18 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.

Days on Market for Chickamauga, GA

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

Average Sale Time

May 2023May 2024CHANGE
11 Days27 Days+140.0%

Summary: Homes in Chickamauga had an average of 27 days on market in May 2024, up by 140% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chickamauga are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 18 homes were sold in Chickamauga; 22% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

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