Is Kathleen, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kathleen was a Buyer's Market.
Key Takeaway
Kathleen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kathleen, GA
How much do homes in Kathleen, GA cost?
Median Sold Price
$365,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Kathleen has remained the same since last year.
Summary: The median home sold price in Kathleen was $365,000 in May 2024, up 0.2% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $253.5K | $254.5K | 0.4% |
| 4 Bedrooms | $335K | $350K | +4.5% |
| 5+ Bedrooms | $405K | $425.4K | +5.0% |
Summary: Kathleen 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 did not change, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Bonaire | $306.4K | $314.9K | +2.7% |
| Warner Robins | $220K | $223.7K | +1.7% |
| Kathleen | $364.1K | $365K | 0.2% |
| Elko | $379.8K | $367.2K | -3.3% |
| Perry | $305.7K | $292.3K | -4.4% |
Housing Supply in Kathleen, GA
How many homes are available in Kathleen, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 105 | 127 | +21.0% |
Summary: The Kathleen real estate market had 127 homes for sale in May 2024, a 21.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 31 | +82.4% |
| 4 Bedrooms | 55 | 62 | +12.7% |
| 5+ Bedrooms | 32 | 33 | +3.1% |
Summary: The Kathleen 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 82.4%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 28 | +40.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kathleen, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in Kathleen in May 2024, up by 40.0% month-over-month. Of the 26 sold homes, 31% were sold under asking, 62% were sold at asking, and 8% were sold over asking.
Days on Market for Kathleen, GA
How long does it take to sell a home in Kathleen, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 32 Days | +50.3% |
Summary: Homes in Kathleen had an average of 32 days on market in May 2024, up by 50.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kathleen are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 28 homes were sold in Kathleen; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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