Is Alto, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Alto has remained a Seller's Market.
Housing Prices in Alto, GA
How much do homes in Alto, GA cost?
Median Sold Price
$269,900
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Alto was $269,900 in April 2024, down 1.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $193K | N/A |
2 Bedrooms | $182.5K | $222K | +21.6% |
3 Bedrooms | $274.6K | $264.9K | -3.5% |
4 Bedrooms | $288K | $315K | +9.4% |
5+ Bedrooms | $336.2K | $465K | +38.3% |
Summary: Alto housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 38.3%.
Median Sold Price Compared To Nearby Cities
Alto | $274.2K | $269.9K | -1.6% |
Baldwin | $315K | $246.4K | -21.8% |
Housing Supply in Alto, GA
How many homes are available in Alto, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Summary: The Alto real estate market had 19 homes for sale in April 2024, a 26.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Alto housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Alto in April 2024, up by 133.3% 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 Alto, GA
How long does it take to sell a home in Alto, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 73 Days | +156.4% |
Summary: Homes in Alto had an average of 73 days on market in Apr 2024, up by 156.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Alto; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.