Is Ben Hill, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ben Hill is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ben Hill was a Seller's Market.

Key Takeaway

Ben Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ben Hill, GA

How much do homes in Ben Hill, GA cost?

Median Sold Price

$404,990

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$154,990(+62.0%)

Key Takeaway

Homes in Ben Hill have sold for 62% more than they did a year ago.

Summary: The median home sold price in Ben Hill was $404,990 in April 2024, up 62% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $248K$258K
+4.0%
4 $375K$424.9K
+13.3%
5+ $420.9K$538K
+27.8%

Summary: Ben Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 27.8%.

Housing Supply in Ben Hill, GA

How many homes are available in Ben Hill, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2325+8.7%

Summary: The Ben Hill real estate market had 25 homes for sale in April 2024, a 8.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 1313
0.0%
5+ 77
0.0%

Summary: The Ben Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ben Hill, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Ben Hill in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Ben Hill, GA

How long does it take to sell a home in Ben Hill, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days6 Days-82.7%

Summary: Homes in Ben Hill had an average of 6 days on market in Apr 2024, down by 82.7% compared to last year.

Breakdown of Home Sale Times

2 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 Ben Hill are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Ben Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 6 Days Ago

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