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 seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Catoosa County, GA

How much do homes in Catoosa County, GA cost?

Median Sold Price

$308,960

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$12,732(+4.3%)

Key Takeaway

Homes in Catoosa County have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Catoosa County was $308,960 in March 2024, up 4.3% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$210K
N/A
2 $181.7K$202.5K
+11.4%
3 $265K$290.5K
+9.6%
4 $369.9K$386.5K
+4.5%
5+ $476.4K$469.2K
-1.5%

Summary: Catoosa County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Counties

Whitfield County
+13.6%
Walker County
+7.9%
Catoosa County
+4.3%
Hamilton County
+2.7%

Housing Supply in Catoosa County, GA

How many homes are available in Catoosa County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
222244+9.9%

Summary: The Catoosa County real estate market had 244 homes for sale in March 2024, a 9.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1729
+70.6%
3 134131
-2.2%
4 5161
+19.6%
5+ 2022
+10.0%

Summary: The Catoosa County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 70.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4754+14.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

15 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. 42.6% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in Catoosa County in March 2024, up by 14.9% month-over-month. Of the 54 sold homes, 43% were sold under asking, 30% were sold at asking, and 28% 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

Mar 2023Mar 2024CHANGE
42 Days42 Days-0.3%

Summary: Homes in Catoosa County had an average of 42 days on market in Mar 2024, down by 0.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were 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 March 2024, 54 homes were sold in Catoosa County; 13% of homes were sold within 30 days, 6% 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 18 Days Ago

Newest Listings in Catoosa County, GA

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What housing markets are near Catoosa County, GA?