Is Young Harris, 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, Young Harris was a Seller's Market.
Key Takeaway
Young Harris is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Young Harris, GA
How much do homes in Young Harris, GA cost?
Median Sold Price
$390,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Young Harris have sold for 17.6% more than they did a year ago.
Summary: The median home sold price in Young Harris was $390,000 in May 2024, up 17.6% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $200K | +11.1% |
| 2 Bedrooms | $302.5K | $345K | +14.0% |
| 3 Bedrooms | $395K | $400K | +1.3% |
| 4 Bedrooms | $542K | $560K | +3.3% |
| 5+ Bedrooms | - | $793.5K | N/A |
Summary: Young Harris housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.
Housing Supply in Young Harris, GA
How many homes are available in Young Harris, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 86 | 103 | +19.8% |
Summary: The Young Harris real estate market had 103 homes for sale in May 2024, a 19.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 39 | 49 | +25.6% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Young Harris 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 16.7%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Young Harris, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Young Harris in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Young Harris, GA
How long does it take to sell a home in Young Harris, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 62 Days | +52.8% |
Summary: Homes in Young Harris had an average of 62 days on market in May 2024, up by 52.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Young Harris are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Young Harris; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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.