Is Mineral Bluff, 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, Mineral Bluff was a Seller's Market.
Key Takeaway
Mineral Bluff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mineral Bluff, GA
How much do homes in Mineral Bluff, GA cost?
Median Sold Price
$584,950
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mineral Bluff have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Mineral Bluff was $584,950 in May 2024, down 0.8% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $194.9K | $400K | +105.2% |
| 2 Bedrooms | $409K | $425K | +3.9% |
| 3 Bedrooms | $591.5K | $599K | +1.3% |
| 4 Bedrooms | $750K | $1.0M | +35.5% |
| 5+ Bedrooms | $505K | $868.1K | +71.9% |
Summary: Mineral Bluff housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 105.2%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes increased by 71.9%.
Median Sold Price Compared To Nearby Cities
| Ivylog | $375K | $405K | +8.0% |
| Mineral Bluff | $589.9K | $584.9K | -0.8% |
Housing Supply in Mineral Bluff, GA
How many homes are available in Mineral Bluff, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 182 | 232 | +27.5% |
Summary: The Mineral Bluff real estate market had 232 homes for sale in May 2024, a 27.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 24 | 33 | +37.5% |
| 3 Bedrooms | 84 | 115 | +36.9% |
| 4 Bedrooms | 61 | 71 | +16.4% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Mineral Bluff 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 increased by 37.5%, 3 bedroom homes increased by 36.9%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mineral Bluff, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Mineral Bluff in May 2024, down by 28.6% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Mineral Bluff, GA
How long does it take to sell a home in Mineral Bluff, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 99 Days | 45 Days | -54.3% |
Summary: Homes in Mineral Bluff had an average of 45 days on market in May 2024, down by 54.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mineral Bluff are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Mineral Bluff; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.