Is Toccoa, 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, Toccoa has remained a Seller's Market.
Housing Prices in Toccoa, GA
How much do homes in Toccoa, GA cost?
Median Sold Price
$227,450
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Toccoa was $227,450 in May 2024, up 19.7% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56.5K | $144K | +154.9% |
2 Bedrooms | $140K | $149.9K | +7.1% |
3 Bedrooms | $190K | $232.7K | +22.5% |
4 Bedrooms | $247K | $333.5K | +35.0% |
5+ Bedrooms | $450K | $529.9K | +17.8% |
Summary: Toccoa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 154.9%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 17.8%.
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-Avalon | $245K | $272.4K | +11.2% |
Housing Supply in Toccoa, GA
How many homes are available in Toccoa, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
123 | 151 | +22.8% |
Summary: The Toccoa real estate market had 151 homes for sale in May 2024, a 22.8% 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 | 29 | 31 | +6.9% |
3 Bedrooms | 58 | 73 | +25.9% |
4 Bedrooms | 31 | 36 | +16.1% |
5+ Bedrooms | 5 | 11 | +120.0% |
Summary: The Toccoa 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 6.9%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 120%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 35 | +40.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Toccoa in May 2024, up by 40.0% month-over-month. Of the 35 sold homes, 60% were sold under asking, 14% were sold at asking, and 26% were sold over asking.
Days on Market for Toccoa, GA
How long does it take to sell a home in Toccoa, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 39 Days | +57.1% |
Summary: Homes in Toccoa had an average of 39 days on market in May 2024, up by 57.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 35 homes were sold in Toccoa; 57% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.