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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buchanan is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Buchanan has remained a Seller's Market.

Key Takeaway

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

How much do homes in Buchanan, GA cost?

Median Sold Price

$270,000

$114/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

+$100,000(+58.8%)

Key Takeaway

Homes in Buchanan have sold for 58.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 --
N/A
2 --
N/A
3 $170K-
N/A
4 -$270K
N/A
5+ --
N/A

How many homes are available in Buchanan, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
220.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buchanan, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Mar 2022Apr 2022%
39 Days2 Days-94.9%

Breakdown of Home Sale Times

1 Home Was 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 Buchanan 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 Buchanan, GA

Number of homes for sale in Buchanan, GA real estate market have reached 2. Listings spent 2 days on the market in April 2022, and had a median list price of $270,000 during the same period. Real estate listing prices changed between April 2021 and April 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 0%, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes stayed the same, number of 4 bedrooms homes remained the same, 5 bedrooms homes did not move. In April 2022 more than 1 listings in Buchanan, GA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below.