Is Moreland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Moreland has remained a Seller's Market.
Housing Prices in Moreland, GA
How much do homes in Moreland, GA cost?
Median Sold Price
$355,000
$204/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Moreland was $355,000 in April 2024, down 31.7% from last month, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $195K | - | N/A |
3 Bedrooms | $409K | $341K | -16.6% |
4 Bedrooms | $519.9K | $522.9K | +0.6% |
5+ Bedrooms | $606.1K | - | N/A |
Summary: Moreland housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.
Housing Supply in Moreland, GA
How many homes are available in Moreland, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 22 | -15.4% |
Summary: The Moreland real estate market had 22 homes for sale in April 2024, a 15.4% decrease 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 | 1 | 0 | -100.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The Moreland 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Moreland in April 2024, down by 55.6% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Moreland, GA
How long does it take to sell a home in Moreland, GA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 30 Days | -52.8% |
Summary: Homes in Moreland had an average of 30 days on market in Apr 2024, down by 52.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Moreland; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.