Is Thomaston, 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, Thomaston was a Seller's Market.
Housing Prices in Thomaston, GA
How much do homes in Thomaston, GA cost?
Median Sold Price
$199,900
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Thomaston was $199,900 in May 2024, up 8.1% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $88.5K | +47.5% |
2 Bedrooms | $135K | $143K | +5.9% |
3 Bedrooms | $192.2K | $213K | +10.8% |
4 Bedrooms | $275K | $271K | -1.5% |
5+ Bedrooms | $330K | $290K | -12.1% |
Summary: Thomaston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.5%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 12.1%.
Housing Supply in Thomaston, GA
How many homes are available in Thomaston, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
110 | 116 | +5.5% |
Summary: The Thomaston real estate market had 116 homes for sale in May 2024, a 5.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 31 | 27 | -12.9% |
3 Bedrooms | 40 | 51 | +27.5% |
4 Bedrooms | 24 | 20 | -16.7% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Thomaston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes increased by 27.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 20 | -9.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Thomaston in May 2024, down by 9.1% month-over-month. Of the 16 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for Thomaston, GA
How long does it take to sell a home in Thomaston, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
74 Days | 27 Days | -63.0% |
Summary: Homes in Thomaston had an average of 27 days on market in May 2024, down by 63% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Thomaston; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.