Is Hoschton, 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, Hoschton has remained a Seller's Market.
Housing Prices in Hoschton, GA
How much do homes in Hoschton, GA cost?
Median Sold Price
$479,966
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hoschton was $479,966 in May 2024, up 4.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $451.9K | $476K | +5.3% |
3 Bedrooms | $380K | $410.5K | +8.0% |
4 Bedrooms | $428.9K | $470K | +9.6% |
5+ Bedrooms | $589K | $585K | -0.7% |
Summary: Hoschton 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 increased by 5.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Hoschton | $459.9K | $479.9K | +4.4% |
West Jackson | $429.2K | $444.9K | +3.6% |
Braselton | $450.7K | $464.5K | +3.1% |
Braselton | $446.9K | $460K | +2.9% |
Housing Supply in Hoschton, GA
How many homes are available in Hoschton, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
292 | 317 | +8.6% |
Summary: The Hoschton real estate market had 317 homes for sale in May 2024, a 8.6% 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 | 17 | 17 | 0.0% |
3 Bedrooms | 62 | 63 | +1.6% |
4 Bedrooms | 121 | 125 | +3.3% |
5+ Bedrooms | 92 | 112 | +21.7% |
Summary: The Hoschton 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 1.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 57 | -5.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Hoschton in May 2024, down by 5.0% month-over-month. Of the 56 sold homes, 46% were sold under asking, 34% were sold at asking, and 20% were sold over asking.
Days on Market for Hoschton, GA
How long does it take to sell a home in Hoschton, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 37 Days | +66.9% |
Summary: Homes in Hoschton had an average of 37 days on market in May 2024, up by 66.9% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 57 homes were sold in Hoschton; 65% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.