Is Altamaha River, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Altamaha River is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Altamaha River has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Altamaha River, GA

How much do homes in Altamaha River, GA cost?

Median Sold Price

$450,000

$158/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$290,050(+181.3%)

Key Takeaway

Homes in Altamaha River have sold for 181.3% more than they did a month ago.

Summary: The median home sold price in Altamaha River was $450,000 in March 2024, up 181.3% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $105K-
N/A
2 $214.9K-
N/A
3 --
N/A
4 --
N/A
5+ -$450K
N/A

Summary: Altamaha River housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Altamaha River, GA

How many homes are available in Altamaha River, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
75-28.6%

Summary: The Altamaha River real estate market had 5 homes for sale in March 2024, a 28.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 21
-50.0%
3 22
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Altamaha River housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Altamaha River, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Altamaha River in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Altamaha River, GA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
118 Days76 Days-35.6%

Summary: Homes in Altamaha River had an average of 76 days on market in Mar 2024, down by 35.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Altamaha River has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Altamaha River; 0% of homes were sold within 30 days, 100% 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 29 Days Ago

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