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.
Key Takeaway
Ball Ground is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
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
Key Takeaway
Homes in Ball Ground have sold for 7.9% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Ball Ground, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Ball Ground are selling fast, if you're buying plan to act quickly.
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.
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.