Is Ringgold, 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, Ringgold has remained a Seller's Market.
Housing Prices in Ringgold, GA
How much do homes in Ringgold, GA cost?
Median Sold Price
$311,472
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ringgold was $311,472 in April 2024, up 5.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $165K | $199.5K | +20.9% |
3 Bedrooms | $275K | $300K | +9.1% |
4 Bedrooms | $364K | $405K | +11.3% |
5+ Bedrooms | $407.5K | $495K | +21.5% |
Summary: Ringgold 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 20.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
Boynton Ridge | $306.6K | $339K | +10.5% |
Catoosa Springs | $254K | $275K | +8.3% |
Ringgold | $294.7K | $311.4K | +5.7% |
Housing Supply in Ringgold, GA
How many homes are available in Ringgold, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
222 | 219 | -1.4% |
Summary: The Ringgold real estate market had 219 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 25 | 30 | +20.0% |
3 Bedrooms | 119 | 109 | -8.4% |
4 Bedrooms | 57 | 60 | +5.3% |
5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The Ringgold housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 54 | 0.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Ringgold in April 2024, the same as the previous month. Of the 54 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Ringgold, GA
How long does it take to sell a home in Ringgold, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 30 Days | +99.1% |
Summary: Homes in Ringgold had an average of 30 days on market in Apr 2024, up by 99.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 54 homes were sold in Ringgold; 19% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.