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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cataula is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Cataula, GA

How much do homes in Cataula, GA cost?

Median Sold Price

$471,100

$149/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$15,500(+3.4%)

Key Takeaway

Homes in Cataula have sold for 3.4% more than they did a month ago.

Summary: The median home sold price in Cataula was $471,100 in February 2024, up 3.4% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $455.6K$443K
-2.8%
5+ -$490.5K
N/A

Summary: Cataula housing prices by bedroom type for February 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 did not change, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cataula
+3.4%
Fortson
-2.0%
Midland
-7.1%
Columbus North
-11.0%

Housing Supply in Cataula, GA

How many homes are available in Cataula, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
15150.0%

Summary: The Cataula real estate market had 15 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 76
-14.3%
5+ 89
+12.5%

Summary: The Cataula housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cataula, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Cataula in February 2024, up by 66.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for Cataula, GA

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

Average Sale Time

Jan 2024Feb 2024CHANGE
74 Days97 Days+31.0%

Summary: Homes in Cataula had an average of 97 days on market in Feb 2024, up by 31% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cataula are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 5 homes were sold in Cataula; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% 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 27 Days Ago

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