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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairmount is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Fairmount was a Buyer's Market.

Key Takeaway

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

How much do homes in Fairmount, GA cost?

Median Sold Price

$329,000

$116/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

+$59,000(+21.9%)

Key Takeaway

Homes in Fairmount have sold for 21.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 --
N/A
2 -$30K
N/A
3 -$220K
N/A
4 $270K$339K
+25.6%
5+ --
N/A

How many homes are available in Fairmount, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
990.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 33
0.0%
3 12
+100.0%
4 54
-20.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
16+500.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairmount, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

Mar 2022Apr 2022%
85 Days31 Days-62.9%

Breakdown of Home Sale Times

2 Homes Were 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

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fairmount, GA

Number of homes for sale in Fairmount, GA real estate market have reached 9. In April 2022, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $329,000. Between April 2021 and April 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 0%, 4 bedrooms properties prices increased by 25.6%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 100% more available, 4 bedrooms homes became 20% less available, number of 5 bedrooms homes remained the same. While more than 0 listings in Fairmount, GA in April 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 2 were sold below.