Is Rock Spring, 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, Rock Spring has remained a Seller's Market.
Housing Prices in Rock Spring, GA
How much do homes in Rock Spring, GA cost?
Median Sold Price
$285,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rock Spring was $285,000 in April 2024, down 3.4% 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 | - | $208.9K | N/A |
2 Bedrooms | $234.9K | $192K | -18.3% |
3 Bedrooms | $251.2K | $263K | +4.7% |
4 Bedrooms | $365K | $390K | +6.8% |
5+ Bedrooms | $405K | $481.5K | +18.9% |
Summary: Rock Spring 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 decreased by 18.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 18.9%.
Median Sold Price Compared To Nearby Cities
Boynton Ridge | $306.6K | $339K | +10.5% |
La Fayette | $200.5K | $210K | +4.7% |
Rock Spring | $295K | $285K | -3.4% |
Housing Supply in Rock Spring, GA
How many homes are available in Rock Spring, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 49 | +4.3% |
Summary: The Rock Spring real estate market had 49 homes for sale in April 2024, a 4.3% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Rock Spring 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 3.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Rock Spring in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for Rock Spring, GA
How long does it take to sell a home in Rock Spring, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 45 Days | +47.7% |
Summary: Homes in Rock Spring had an average of 45 days on market in Apr 2024, up by 47.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Rock Spring; 27% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.