Is Blacks Mill, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blacks Mill is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Blacks Mill has remained a Seller's Market.

Key Takeaway

Blacks Mill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Blacks Mill, GA cost?

Median Sold Price

$367,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$8,350(+2.3%)

Key Takeaway

Homes in Blacks Mill have sold for 2.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $153.5K$190K
+23.8%
2 $250K$250K
0.0%
3 $269K$310K
+15.2%
4 $365K$435K
+19.2%
5+ $535.3K$625K
+16.7%

Median Sold Price Compared To Nearby Cities

Silver City
+29.2%
Chestatee
+28.6%
Murrayville
+21.1%
Dawsonville
+15.6%
Blacks Mill
+2.3%

How many homes are available in Blacks Mill, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
10998-10.1%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 33
0.0%
3 5033
-34.0%
4 3339
+18.2%
5+ 2323
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
4528-37.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blacks Mill, you could pay more than the asking price. 70.4% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
21 Days28 Days+32.9%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blacks Mill 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 Blacks Mill, GA

Homes for sale in Blacks Mill, GA have reached 98. The number of listings in Blacks Mill, GA decreased by 10.1% between March 2022 and April 2022. In April 2022, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $367,000. Real estate listing prices changed between March 2022 and April 2022: prices of 1 bedroom properties went up by 23.8%, 2 bedrooms properties prices did not change, the cost of 3 bedrooms properties went up by 15.2%, prices of 4 bedrooms properties increased by 19.2%, the cost of 5 bedrooms properties went up by 16.7%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 34%, the quantity of 4 bedrooms homes went up by 18.2%, number of 5 bedrooms homes remained the same. Blacks Mill, GA housing market in April 2022 saw over 19 listings sold above listed price, more than 1 sold at listed price and over 7 sold below.

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