Is Pendergrass, 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, Pendergrass has remained a Seller's Market.
Housing Prices in Pendergrass, GA
How much do homes in Pendergrass, GA cost?
Median Sold Price
$351,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pendergrass was $351,500 in May 2024, down 1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $236K | +124.8% |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $318K | $318K | 0.0% |
4 Bedrooms | $354.4K | $355K | 0.1% |
5+ Bedrooms | $367.9K | $467.9K | +27.2% |
Summary: Pendergrass housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 27.2%.
Median Sold Price Compared To Nearby Cities
Jefferson | $400.7K | $415.4K | +3.7% |
West Jackson | $429.2K | $444.9K | +3.6% |
Pendergrass | $355K | $351.5K | -1.0% |
Housing Supply in Pendergrass, GA
How many homes are available in Pendergrass, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 58 | +26.1% |
Summary: The Pendergrass real estate market had 58 homes for sale in May 2024, a 26.1% 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 | 8 | 0.0% |
4 Bedrooms | 29 | 30 | +3.4% |
5+ Bedrooms | 9 | 19 | +111.1% |
Summary: The Pendergrass 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 remained the same, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 111.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Pendergrass in May 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Pendergrass, GA
How long does it take to sell a home in Pendergrass, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 59 Days | +49.7% |
Summary: Homes in Pendergrass had an average of 59 days on market in May 2024, up by 49.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Pendergrass; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.