Is Ball Ground, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ball Ground is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Ball Ground, GA cost?

Median Sold Price

$365,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$80,000(+28.1%)

Key Takeaway

Homes in Ball Ground have sold for 28.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 -$260K
N/A
2 $214.9K$280K
+30.3%
3 $265K$315K
+18.9%
4 $289.9K$405K
+39.7%
5+ $357.4K$437.5K
+22.4%

How many homes are available in Ball Ground, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
1810-44.4%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 94
-55.6%
5+ 10
-100.0%

Number of Homes Sold

Mar 2022Apr 2022%
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ball Ground, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
5 Days6 Days+11.8%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ball Ground are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Ball Ground, GA

Homes for sale in Ball Ground, GA have reached 10. The inventory of homes for sale in Ball Ground, GA between March 2022 and April 2022 decreased by 44.4%. The median list price of listings available in April 2022 was $365,000, while the average time on the real estate market was 6 days. Listing prices have changed in this real estate market between March 2022 and April 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 30.3%, 3 bedrooms properties became 18.9% more expensive, 4 bedrooms properties prices increased by 39.7%, the cost of 5 bedrooms properties went up by 22.4%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory decreased by 25%, 4 bedrooms homes became 55.6% less available, 5 bedrooms homes inventory decreased by 100%. In April 2022, from all listings sold in Ball Ground, GA there were more than 2 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.