Is Garden Hills, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Garden Hills has remained a Seller's Market.
Key Takeaway
Garden Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Garden Hills, GA
How much do homes in Garden Hills, GA cost?
Median Sold Price
$725,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Garden Hills have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in Garden Hills was $725,000 in April 2024, up 16.6% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174K | $198K | +13.8% |
| 2 Bedrooms | $337K | $450K | +33.5% |
| 3 Bedrooms | $865K | $890K | +2.9% |
| 4 Bedrooms | $1.1M | $1.2M | +1.5% |
| 5+ Bedrooms | $1.3M | $1.6M | +23.6% |
Summary: Garden Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 33.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 23.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Peachtree Heights West | $440K | $950K | +115.9% |
| Garden Hills | $622K | $725K | +16.6% |
| Lindbergh / Morosgo | $335K | $312.5K | -6.7% |
Housing Supply in Garden Hills, GA
How many homes are available in Garden Hills, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 51 | +18.6% |
Summary: The Garden Hills real estate market had 51 homes for sale in April 2024, a 18.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 0 | 4 | +100.0% |
Summary: The Garden Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garden Hills, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Garden Hills in April 2024, up by 27.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for Garden Hills, GA
How long does it take to sell a home in Garden Hills, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 25 Days | +317.9% |
Summary: Homes in Garden Hills had an average of 25 days on market in Apr 2024, up by 317.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Garden Hills are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Garden Hills; 71% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.