Is Rock Creek, 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, Rock Creek was a Seller's Market.
Key Takeaway
Rock Creek is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Rock Creek, GA
How much do homes in Rock Creek, GA cost?
Median Sold Price
$385,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rock Creek have sold for 42.8% more than they did a year ago.
Summary: The median home sold price in Rock Creek was $385,500 in May 2024, up 42.8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $28K | - | N/A |
| 2 Bedrooms | $181K | $210K | +16.0% |
| 3 Bedrooms | $250K | $350K | +40.0% |
| 4 Bedrooms | $440K | $587K | +33.4% |
| 5+ Bedrooms | $895K | $810K | -9.5% |
Summary: Rock Creek 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 16%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.4%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Cities
| Rock Creek | $270K | $385.5K | +42.8% |
| Eastanollee | $215K | $272.4K | +26.7% |
| Toccoa | $190K | $227.4K | +19.7% |
| Martin | $288.4K | $322.5K | +11.8% |
| Martin-Avalon | $245K | $272.4K | +11.2% |
Housing Supply in Rock Creek, GA
How many homes are available in Rock Creek, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 67 | +48.9% |
Summary: The Rock Creek real estate market had 67 homes for sale in May 2024, a 48.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 14 | 23 | +64.3% |
| 5+ Bedrooms | 3 | 8 | +166.7% |
Summary: The Rock Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 166.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rock Creek, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Rock Creek in May 2024, down by 15.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for Rock Creek, GA
How long does it take to sell a home in Rock Creek, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +33.6% |
Summary: Homes in Rock Creek had an average of 29 days on market in May 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rock Creek are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Rock Creek; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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.