Is Castleberry Hill, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castleberry Hill is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Castleberry Hill, GA

How much do homes in Castleberry Hill, GA cost?

Median Sold Price

$292,500

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$14,500(-4.7%)

Key Takeaway

Homes in Castleberry Hill have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in Castleberry Hill was $292,500 in April 2024, down 4.7% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $262.5K$255K
-2.9%
2 $315K$305K
-3.2%
3 $645K$587.4K
-8.9%
4 --
N/A
5+ -$1.2M
N/A

Summary: Castleberry Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Castleberry Hill, GA

How many homes are available in Castleberry Hill, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2434+41.7%

Summary: The Castleberry Hill real estate market had 34 homes for sale in April 2024, a 41.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1319
+46.2%
2 810
+25.0%
3 35
+66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Castleberry Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castleberry Hill, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Castleberry Hill in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Castleberry Hill, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days31 Days-44.4%

Summary: Homes in Castleberry Hill had an average of 31 days on market in Apr 2024, down by 44.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Castleberry Hill; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 18 Days Ago

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