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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cartersville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Cartersville, GA

How much do homes in Cartersville, GA cost?

Median Sold Price

$330,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,447(+1.7%)

Key Takeaway

Homes in Cartersville have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Cartersville was $330,000 in May 2024, up 1.7% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $170K-
N/A
2 $215K$225K
+4.7%
3 $299.9K$300K
0.0%
4 $375.4K$388.9K
+3.6%
5+ $450K$505K
+12.2%

Summary: Cartersville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities

Cartersville
+1.7%
White-Pine Log
-7.0%

Housing Supply in Cartersville, GA

How many homes are available in Cartersville, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
346376+8.7%

Summary: The Cartersville real estate market had 376 homes for sale in May 2024, a 8.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 2520
-20.0%
3 127151
+18.9%
4 133136
+2.3%
5+ 6067
+11.7%

Summary: The Cartersville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 11.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
8679-8.1%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cartersville, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in Cartersville in May 2024, down by 8.1% month-over-month. Of the 78 sold homes, 45% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Cartersville, GA

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

Average Sale Time

May 2023May 2024CHANGE
39 Days34 Days-12.0%

Summary: Homes in Cartersville had an average of 34 days on market in May 2024, down by 12% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cartersville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 79 homes were sold in Cartersville; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% 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 12 Days Ago

Newest Listings in Cartersville, GA

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