Is Hinesville, 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, Hinesville has remained a Seller's Market.
Housing Prices in Hinesville, GA
How much do homes in Hinesville, GA cost?
Median Sold Price
$254,996
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hinesville was $254,996 in April 2024, up 9.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $85K | $105K | +23.5% |
3 Bedrooms | $203K | $222.7K | +9.7% |
4 Bedrooms | $268.5K | $281K | +4.7% |
5+ Bedrooms | $330K | $320K | -3.0% |
Summary: Hinesville 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 23.5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
Walthourville | $245K | $280K | +14.3% |
Hinesville | $232.4K | $254.9K | +9.7% |
Flemington | $273K | $287.1K | +5.2% |
Housing Supply in Hinesville, GA
How many homes are available in Hinesville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
215 | 220 | +2.3% |
Summary: The Hinesville real estate market had 220 homes for sale in April 2024, a 2.3% 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 | 8 | 8 | 0.0% |
3 Bedrooms | 100 | 101 | +1.0% |
4 Bedrooms | 95 | 96 | +1.1% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Hinesville 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 remained the same, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 55 | -8.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Hinesville in April 2024, down by 8.3% month-over-month. Of the 53 sold homes, 17% were sold under asking, 40% were sold at asking, and 43% were sold over asking.
Days on Market for Hinesville, GA
How long does it take to sell a home in Hinesville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 51 Days | +572.2% |
Summary: Homes in Hinesville had an average of 51 days on market in Apr 2024, up by 572.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 55 homes were sold in Hinesville; 5% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.