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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dade County is a buyer's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

Dade County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dade County, GA

How much do homes in Dade County, GA cost?

Median Sold Price

$260,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$15,000(+6.1%)

Key Takeaway

Homes in Dade County have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Dade County was $260,000 in August 2024, up 6.1% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $130.5K$79K
-39.5%
2 $157.2K$165K
+4.9%
3 $245K$260K
+6.1%
4 $343.8K$380K
+10.5%
5+ $375K-
N/A

Summary: Dade County housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.5%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Marion County
+18.5%
Walker County
+6.8%
Dade County
+6.1%
Hamilton County
+2.7%

Housing Supply in Dade County, GA

How many homes are available in Dade County, GA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
8197+19.8%

Summary: The Dade County real estate market had 97 homes for sale in August 2024, a 19.8% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 12
+100.0%
2 56
+20.0%
3 5051
+2.0%
4 2131
+47.6%
5+ 47
+75.0%

Summary: The Dade County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dade County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Dade County in August 2024, down by 20.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for Dade County, GA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
14 Days49 Days+250.0%

Summary: Homes in Dade County had an average of 49 days on market in Aug 2024, up by 250% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 8 homes were sold in Dade County; 13% of homes were sold within 30 days, 13% 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 16 Days Ago

Newest Listings in Dade County, GA

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