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 February 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

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$8,500(+2.8%)

Key Takeaway

Homes in Adairsville have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Adairsville was $310,000 in February 2024, up 2.8% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $170K$195.4K
+14.9%
3 $288K$285.2K
-1.0%
4 $340K$332.9K
-2.1%
5+ $362.3K$390K
+7.6%

Summary: Adairsville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 7.6%.

Housing Supply in Adairsville, GA

How many homes are available in Adairsville, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7977-2.5%

Summary: The Adairsville real estate market had 77 homes for sale in February 2024, a 2.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1511
-26.7%
3 3233
+3.1%
4 2525
0.0%
5+ 78
+14.3%

Summary: The Adairsville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2021+5.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adairsville, expect to pay close to the asking price. 61.9% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Adairsville in February 2024, up by 5.0% month-over-month. Of the 21 sold homes, 33% were sold under asking, 62% were sold at asking, and 5% 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

Feb 2023Feb 2024CHANGE
40 Days55 Days+38.9%

Summary: Homes in Adairsville had an average of 55 days on market in Feb 2024, up by 38.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 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 February 2024, 21 homes were sold in Adairsville; 43% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 24% 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 27 Days Ago

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