Is Fort Valley, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Valley is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Fort Valley, GA

How much do homes in Fort Valley, GA cost?

Median Sold Price

$160,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$15,500(-8.8%)

Key Takeaway

Homes in Fort Valley have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in Fort Valley was $160,000 in September 2024, down 8.8% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $120K-
N/A
2 -$92.5K
N/A
3 $152K$145K
-4.6%
4 $217K$179K
-17.5%
5+ $505.5K$205K
-59.4%

Summary: Fort Valley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes decreased by 59.4%.

Housing Supply in Fort Valley, GA

How many homes are available in Fort Valley, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5875+29.3%

Summary: The Fort Valley real estate market had 75 homes for sale in September 2024, a 29.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 510
+100.0%
3 3245
+40.6%
4 1714
-17.6%
5+ 35
+66.7%

Summary: The Fort Valley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was 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 Fort Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Fort Valley in September 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Fort Valley, GA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
63 Days33 Days-47.8%

Summary: Homes in Fort Valley had an average of 33 days on market in Sep 2024, down by 47.8% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Fort Valley has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Fort Valley; 0% of homes were sold within 30 days, 100% 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 Sep 1, 2024

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