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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tignall is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Tignall has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tignall, GA

How much do homes in Tignall, GA cost?

Median Sold Price

$177,000

$145/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$270,450(-60.4%)

Key Takeaway

Homes in Tignall have sold for 60.4% less than they did a month ago.

Summary: The median home sold price in Tignall was $177,000 in May 2024, down 60.4% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $699.9K$194.5K
-72.2%
3 $195K$177K
-9.2%
4 --
N/A
5+ --
N/A

Summary: Tignall housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 72.2%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Tignall, GA

How many homes are available in Tignall, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1011+10.0%

Summary: The Tignall real estate market had 11 homes for sale in May 2024, a 10.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 55
0.0%
3 54
-20.0%
4 01
+100.0%
5+ 01
+100.0%

Summary: The Tignall 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 decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tignall, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Tignall in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Tignall, GA

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

Average Sale Time

Apr 2024May 2024CHANGE
13 Days23 Days+82.1%

Summary: Homes in Tignall had an average of 23 days on market in May 2024, up by 82.1% compared to last month.

Breakdown of Home Sale Times

2 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 Tignall are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Tignall; 67% of homes were sold within 30 days, 33% 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 5 Days Ago

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