Is Chosewood Park, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chosewood Park is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Chosewood Park, GA

How much do homes in Chosewood Park, GA cost?

Median Sold Price

$260,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,000(+6.1%)

Key Takeaway

Homes in Chosewood Park have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Chosewood Park was $260,000 in April 2024, up 6.1% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $216K$195K
-9.7%
2 $257.5K$293K
+13.8%
3 $381.9K$324.1K
-15.1%
4 $378.7K$730K
+92.7%
5+ --
N/A

Summary: Chosewood Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 92.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Hill Street Lofts
+6.2%
Chosewood Park
+6.1%

Housing Supply in Chosewood Park, GA

How many homes are available in Chosewood Park, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Chosewood Park real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 45
+25.0%
2 00
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chosewood Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Chosewood Park in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Chosewood Park, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days52 Days+477.8%

Summary: Homes in Chosewood Park had an average of 52 days on market in Apr 2024, up by 477.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chosewood Park has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Chosewood Park; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Chosewood Park, GA

Nearby Markets to Chosewood Park, GA