Is Blackshear, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackshear is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Blackshear was a Neutral Market.

Key Takeaway

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

Housing Prices in Blackshear, GA

How much do homes in Blackshear, GA cost?

Median Sold Price

$375,000

$156/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$69,000(+22.5%)

Key Takeaway

Homes in Blackshear have sold for 22.5% more than they did a month ago.

Summary: The median home sold price in Blackshear was $375,000 in April 2024, up 22.5% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K$213K
-31.3%
4 $245.5K$375K
+52.7%
5+ $760K$889.5K
+17.0%

Summary: Blackshear housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 31.3%, 4 bedroom homes increased by 52.7%, and 5+ bedroom homes increased by 17%.

Housing Supply in Blackshear, GA

How many homes are available in Blackshear, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2530+20.0%

Summary: The Blackshear real estate market had 30 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 915
+66.7%
4 97
-22.2%
5+ 78
+14.3%

Summary: The Blackshear 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 decreased by 22.2%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackshear, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Blackshear in April 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Blackshear, GA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
44 Days45 Days+2.8%

Summary: Homes in Blackshear had an average of 45 days on market in Apr 2024, up by 2.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blackshear has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Blackshear; 25% of homes were sold within 30 days, 75% 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 2 Days Ago

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