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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cann Park is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Cann Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cann Park, GA

How much do homes in Cann Park, GA cost?

Median Sold Price

$255,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$85,000(+50.0%)

Key Takeaway

Homes in Cann Park have sold for 50% more than they did a year ago.

Summary: The median home sold price in Cann Park was $255,000 in April 2024, up 50% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $160K$165K
+3.1%
3 $171.2K$262.5K
+53.3%
4 $294.6K$385K
+30.7%
5+ -$560K
N/A

Summary: Cann Park 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 increased by 3.1%, 3 bedroom homes increased by 53.3%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes did not change.

Housing Supply in Cann Park, GA

How many homes are available in Cann Park, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
107-30.0%

Summary: The Cann Park real estate market had 7 homes for sale in April 2024, a 30.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 52
-60.0%
4 23
+50.0%
5+ 21
-50.0%

Summary: The Cann 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 remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 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 Cann Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cann Park in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Cann Park, GA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 5 Days Ago

Newest Listings in Cann Park, GA

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