Is Mount Zion, 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, Mount Zion has remained a Seller's Market.
Housing Prices in Mount Zion, GA
How much do homes in Mount Zion, GA cost?
Median Sold Price
$267,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Zion was $267,500 in May 2024, down 0.9% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $319K | N/A |
3 Bedrooms | $247.7K | $219.9K | -11.2% |
4 Bedrooms | $399.9K | $360K | -10.0% |
5+ Bedrooms | - | - | N/A |
Summary: Mount Zion 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 decreased by 11.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bremen | $287K | $295K | +2.8% |
Mount Zion | $270K | $267.5K | -0.9% |
Housing Supply in Mount Zion, GA
How many homes are available in Mount Zion, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Summary: The Mount Zion 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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mount Zion 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 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mount Zion in May 2024, up by 66.7% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Mount Zion, GA
How long does it take to sell a home in Mount Zion, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 9 Days | -76.8% |
Summary: Homes in Mount Zion had an average of 9 days on market in May 2024, down by 76.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Mount Zion; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.