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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairplay is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Fairplay 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 Fairplay, GA

How much do homes in Fairplay, GA cost?

Median Sold Price

$428,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$59,166(+16.0%)

Key Takeaway

Homes in Fairplay have sold for 16% more than they did a year ago.

Summary: The median home sold price in Fairplay was $428,000 in April 2024, up 16% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$180K
N/A
2 $160.5K$130.2K
-18.8%
3 $315K$340.9K
+8.2%
4 $400K$462K
+15.5%
5+ $594.9K$560K
-5.9%

Summary: Fairplay housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Chattahoochee Hills
+31.7%
Fairplay
+16.0%
Bill Arp
+1.8%
Winston
-1.2%

Housing Supply in Fairplay, GA

How many homes are available in Fairplay, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8191+12.3%

Summary: The Fairplay real estate market had 91 homes for sale in April 2024, a 12.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2321
-8.7%
4 4252
+23.8%
5+ 1516
+6.7%

Summary: The Fairplay 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 increased by 100%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairplay, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Fairplay in April 2024, up by 36.4% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for Fairplay, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days27 Days-22.1%

Summary: Homes in Fairplay had an average of 27 days on market in Apr 2024, down by 22.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

8 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 Fairplay has remained consistent over time.

Summary: During April 2024, 15 homes were sold in Fairplay; 47% of homes were sold within 30 days, 53% 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 9 Days Ago

Newest Listings in Fairplay, GA

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