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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarkesville is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Clarkesville has remained a Neutral Market.

Key Takeaway

Clarkesville 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 Clarkesville, GA

How much do homes in Clarkesville, GA cost?

Median Sold Price

$372,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$37,500(+11.2%)

Key Takeaway

Homes in Clarkesville have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Clarkesville was $372,500 in April 2024, up 11.2% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $810K$180K
-77.8%
2 $279.9K$243K
-13.2%
3 $299K$318K
+6.4%
4 $480K$491.5K
+2.4%
5+ $752K$620K
-17.6%

Summary: Clarkesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.8%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 17.6%.

Housing Supply in Clarkesville, GA

How many homes are available in Clarkesville, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
121124+2.5%

Summary: The Clarkesville real estate market had 124 homes for sale in April 2024, a 2.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 99
0.0%
2 2119
-9.5%
3 4749
+4.3%
4 2629
+11.5%
5+ 1818
0.0%

Summary: The Clarkesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarkesville, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Clarkesville in April 2024, down by 4.5% month-over-month. Of the 19 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% were sold over asking.

Days on Market for Clarkesville, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days37 Days-3.4%

Summary: Homes in Clarkesville had an average of 37 days on market in Apr 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 21 homes were sold in Clarkesville; 67% of homes were sold within 30 days, 19% 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 9 Days Ago

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