Is Temple, 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, Temple has remained a Seller's Market.
Housing Prices in Temple, GA
How much do homes in Temple, GA cost?
Median Sold Price
$285,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Temple was $285,000 in May 2024, up 0.2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $93K | - | N/A |
2 Bedrooms | $180K | $219.9K | +22.2% |
3 Bedrooms | $260.9K | $266.5K | +2.1% |
4 Bedrooms | $315K | $320K | +1.6% |
5+ Bedrooms | $317.5K | $361K | +13.7% |
Summary: Temple 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 22.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in Temple, GA
How many homes are available in Temple, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
128 | 131 | +2.3% |
Summary: The Temple real estate market had 131 homes for sale in May 2024, a 2.3% 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 | 0 | 0.0% |
3 Bedrooms | 62 | 66 | +6.5% |
4 Bedrooms | 60 | 57 | -5.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Temple 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 6.5%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 30 | +7.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Temple in May 2024, up by 7.1% month-over-month. Of the 27 sold homes, 41% were sold under asking, 33% were sold at asking, and 26% were sold over asking.
Days on Market for Temple, GA
How long does it take to sell a home in Temple, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 21 Days | -49.1% |
Summary: Homes in Temple had an average of 21 days on market in May 2024, down by 49.1% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Temple; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.