$10,000 Closing Credit*
$1,002,150
3,479 SqFt
5 Beds
•5 Full Baths, 1 Partial
Cherie Martin, Listing Office: Virtual Properties Realty.com
Is Ball Ground, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$465,833
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$50,833(+12.2%)
Key Takeaway
Homes in Ball Ground have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Ball Ground was $465,833 in August 2024, up 12.2% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $310K | +97.5% |
| 2 Bedrooms | $315K | $313K | -0.6% |
| 3 Bedrooms | $352.9K | $401K | +13.6% |
| 4 Bedrooms | $512.5K | $510K | -0.5% |
| 5+ Bedrooms | $635.5K | $698.3K | +9.9% |
Summary: Ball Ground housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.5%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 9.9%.
Housing Supply in Ball Ground, GA
How many homes are available in Ball Ground, GA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 173 | 200 | +15.6% |
Summary: The Ball Ground real estate market had 200 homes for sale in August 2024, a 15.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 76 | 90 | +18.4% |
| 4 Bedrooms | 54 | 68 | +25.9% |
| 5+ Bedrooms | 39 | 38 | -2.6% |
Summary: The Ball Ground housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 2.6%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 28 | 39 | +39.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
14 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. 38.9% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Ball Ground in August 2024, up by 39.3% month-over-month. Of the 36 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 41 Days | 35 Days | -16.5% |
Summary: Homes in Ball Ground had an average of 35 days on market in Aug 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 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 August 2024, 39 homes were sold in Ball Ground; 59% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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.