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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hoschton is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$20,016(+4.4%)

Key Takeaway

Homes in Hoschton have sold for 4.4% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $451.9K$476K
+5.3%
3 $380K$410.5K
+8.0%
4 $428.9K$470K
+9.6%
5+ $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
+4.4%
West Jackson
+3.6%
Braselton
+3.1%
Braselton
+2.9%

Housing Supply in Hoschton, GA

How many homes are available in Hoschton, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
292317+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1717
0.0%
3 6263
+1.6%
4 121125
+3.3%
5+ 92112
+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 2024May 2024CHANGE
6057-5.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoschton, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

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 2023May 2024CHANGE
22 Days37 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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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