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 May 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

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,000(+0.6%)

Key Takeaway

Homes in Adairsville have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Adairsville was $310,000 in May 2024, up 0.6% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $182.2K$195.4K
+7.2%
3 $291.1K$291.2K
0.0%
4 $340.5K$319K
-6.3%
5+ $403K$375K
-7.0%

Summary: Adairsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 7%.

Housing Supply in Adairsville, GA

How many homes are available in Adairsville, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8994+5.6%

Summary: The Adairsville real estate market had 94 homes for sale in May 2024, a 5.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 4743
-8.5%
4 2230
+36.4%
5+ 1414
0.0%

Summary: The Adairsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
2618-30.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 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. 44.4% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Adairsville in May 2024, down by 30.8% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% 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

May 2023May 2024CHANGE
21 Days15 Days-27.5%

Summary: Homes in Adairsville had an average of 15 days on market in May 2024, down by 27.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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 May 2024, 18 homes were sold in Adairsville; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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 12 Days Ago

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