Is Catoosa County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catoosa County is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Catoosa County was a Seller's Market.

Key Takeaway

Catoosa County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Catoosa County, GA

How much do homes in Catoosa County, GA cost?

Median Sold Price

$308,400

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$8,420(+2.8%)

Key Takeaway

Homes in Catoosa County have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Catoosa County was $308,400 in August 2024, up 2.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $210K$85K
-59.5%
2 $181K$215K
+18.8%
3 $282.8K$297.2K
+5.1%
4 $380K$410K
+7.9%
5+ $472.2K$445K
-5.8%

Summary: Catoosa County housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.5%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Counties

Whitfield County
+7.8%
Walker County
+6.8%
Catoosa County
+2.8%
Hamilton County
+2.7%

Housing Supply in Catoosa County, GA

How many homes are available in Catoosa County, GA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
290297+2.4%

Summary: The Catoosa County real estate market had 297 homes for sale in August 2024, a 2.4% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 22
0.0%
2 2222
0.0%
3 169174
+3.0%
4 6974
+7.2%
5+ 2825
-10.7%

Summary: The Catoosa County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 10.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
6748-28.4%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catoosa County, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Catoosa County in August 2024, down by 28.4% month-over-month. Of the 47 sold homes, 49% were sold under asking, 36% were sold at asking, and 15% were sold over asking.

Days on Market for Catoosa County, GA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
31 Days36 Days+13.6%

Summary: Homes in Catoosa County had an average of 36 days on market in Aug 2024, up by 13.6% 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 Catoosa County are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 48 homes were sold in Catoosa County; 10% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 2% 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 17 Days Ago

Newest Listings in Catoosa County, GA

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What housing markets are near Catoosa County, GA?