Is Ball Ground, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Ball Ground has remained a Seller's Market.
Key Takeaway
Ball Ground is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ball Ground, GA
How much do homes in Ball Ground, GA cost?
Median Sold Price
$459,900
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ball Ground have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in Ball Ground was $459,900 in March 2024, up 18.3% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | - | N/A |
| 2 Bedrooms | $311K | $285.9K | -8.1% |
| 3 Bedrooms | $350K | $375K | +7.1% |
| 4 Bedrooms | $425K | $535K | +25.9% |
| 5+ Bedrooms | $600K | $672.5K | +12.1% |
Summary: Ball Ground housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 12.1%.
Housing Supply in Ball Ground, GA
How many homes are available in Ball Ground, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 128 | 140 | +9.4% |
Summary: The Ball Ground real estate market had 140 homes for sale in March 2024, a 9.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 45 | 45 | 0.0% |
| 4 Bedrooms | 54 | 64 | +18.5% |
| 5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The Ball Ground 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 remained the same, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ball Ground, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Ball Ground in March 2024, up by 3.7% month-over-month. Of the 26 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for Ball Ground, GA
How long does it take to sell a home in Ball Ground, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 50 Days | +50.3% |
Summary: Homes in Ball Ground had an average of 50 days on market in Mar 2024, up by 50.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ball Ground are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 28 homes were sold in Ball Ground; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% 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.