Is Adairsville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adairsville is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Adairsville has remained a Seller's Market.

Key Takeaway

Adairsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Adairsville, GA

How much do homes in Adairsville, GA cost?

Median Sold Price

$310,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$4,725(+1.5%)

Key Takeaway

Homes in Adairsville have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Adairsville was $310,000 in June 2024, up 1.5% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $185K$195.4K
+5.6%
3 $291.1K$292K
0.3%
4 $331.5K$319.2K
-3.7%
5+ $404K$382.5K
-5.3%

Summary: Adairsville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 5.3%.

Housing Supply in Adairsville, GA

How many homes are available in Adairsville, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
91105+15.4%

Summary: The Adairsville real estate market had 105 homes for sale in June 2024, a 15.4% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 4246
+9.5%
4 3036
+20.0%
5+ 1217
+41.7%

Summary: The Adairsville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 41.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1930+57.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adairsville, you could pay more than the asking price. 39.3% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Adairsville in June 2024, up by 57.9% month-over-month. Of the 28 sold homes, 36% were sold under asking, 25% were sold at asking, and 39% were sold over asking.

Days on Market for Adairsville, GA

How long does it take to sell a home in Adairsville, GA?

Average Sale Time

Jun 2023Jun 2024CHANGE
39 Days27 Days-30.7%

Summary: Homes in Adairsville had an average of 27 days on market in Jun 2024, down by 30.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adairsville are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 30 homes were sold in Adairsville; 70% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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