Is Alto, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Alto has remained a Seller's Market.
Key Takeaway
Alto is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alto, GA
How much do homes in Alto, GA cost?
Median Sold Price
$325,000
$173/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Alto have sold for 36% more than they did a month ago.
Summary: The median home sold price in Alto was $325,000 in March 2024, up 36% from last month, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $270.4K | $311.5K | +15.2% |
| 4 Bedrooms | $189K | - | N/A |
| 5+ Bedrooms | $184K | $465K | +152.7% |
Summary: Alto 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 increased by 15.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 152.7%.
Housing Supply in Alto, GA
How many homes are available in Alto, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Summary: The Alto real estate market had 16 homes for sale in March 2024, a 30.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Alto housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alto, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Alto in March 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Alto, GA
How long does it take to sell a home in Alto, GA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 68 Days | 65 Days | -4.9% |
Summary: Homes in Alto had an average of 65 days on market in Mar 2024, down by 4.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Alto are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Alto; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.