Is Ball Ground, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Ball Ground was a Buyer's Market.
Housing Prices in Ball Ground, GA
How much do homes in Ball Ground, GA cost?
Median Sold Price
$431,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Ball Ground was $431,500 in November 2023, up 7.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $157K | - | N/A |
2 Bedrooms | $307K | $268.9K | -12.4% |
3 Bedrooms | $326.5K | $360K | +10.3% |
4 Bedrooms | $417.5K | $515K | +23.4% |
5+ Bedrooms | $609K | $650K | +6.7% |
Summary: Ball Ground housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in Ball Ground, GA
How many homes are available in Ball Ground, GA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
116 | 137 | +18.1% |
Summary: The Ball Ground real estate market had 137 homes for sale in November 2023, a 18.1% increase compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 42 | 47 | +11.9% |
4 Bedrooms | 35 | 45 | +28.6% |
5+ Bedrooms | 34 | 37 | +8.8% |
Summary: The Ball Ground housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
23 | 21 | -8.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Ball Ground in November 2023, down by 8.7% month-over-month. Of the 16 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% 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
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
30 Days | 47 Days | +55.9% |
Summary: Homes in Ball Ground had an average of 47 days on market in Nov 2023, up by 55.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During November 2023, 21 homes were sold in Ball Ground; 67% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.