Is Ball Ground, 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, Ball Ground was a Seller's Market.
Housing Prices in Ball Ground, GA
How much do homes in Ball Ground, GA cost?
Median Sold Price
$461,666
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ball Ground was $461,666 in May 2024, up 12.6% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157K | - | N/A |
2 Bedrooms | $321K | $266.7K | -16.9% |
3 Bedrooms | $351.9K | $389.9K | +10.8% |
4 Bedrooms | $490K | $508.5K | +3.8% |
5+ Bedrooms | $645K | $679.9K | +5.4% |
Summary: Ball Ground 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 decreased by 16.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in Ball Ground, GA
How many homes are available in Ball Ground, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
160 | 162 | +1.3% |
Summary: The Ball Ground real estate market had 162 homes for sale in May 2024, a 1.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 56 | 58 | +3.6% |
4 Bedrooms | 58 | 57 | -1.7% |
5+ Bedrooms | 42 | 45 | +7.1% |
Summary: The Ball Ground 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 decreased by 100%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 18 | -43.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Ball Ground in May 2024, down by 43.8% month-over-month. Of the 18 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
Days on Market for Ball Ground, GA
How long does it take to sell a home in Ball Ground, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 59 Days | 0.1% |
Summary: Homes in Ball Ground had an average of 59 days on market in May 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Ball Ground; 56% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.