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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Browns Mill Park is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Browns Mill Park was a Buyer's Market.

Key Takeaway

Browns Mill Park 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 Browns Mill Park, GA

How much do homes in Browns Mill Park, GA cost?

Median Sold Price

$300,000

$210/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$125,000(+71.4%)

Key Takeaway

Homes in Browns Mill Park have sold for 71.4% more than they did a month ago.

Summary: The median home sold price in Browns Mill Park was $300,000 in April 2024, up 71.4% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $175K$300K
+71.4%
4 -$319.9K
N/A
5+ --
N/A

Summary: Browns Mill Park 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 increased by 71.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Browns Mill Park, GA

How many homes are available in Browns Mill Park, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
26260.0%

Summary: The Browns Mill Park real estate market had 26 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1818
0.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Browns Mill Park 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Browns Mill Park, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Browns Mill Park in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Browns Mill Park, GA

How long does it take to sell a home in Browns Mill Park, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
13 Days45 Days+237.0%

Summary: Homes in Browns Mill Park had an average of 45 days on market in Apr 2024, up by 237% 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 Browns Mill Park has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Browns Mill Park; 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 7 Days Ago

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