Is Good Hope, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Good Hope is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Good Hope was a Seller's Market.

Key Takeaway

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

How much do homes in Good Hope, GA cost?

Median Sold Price

$540,000

$184/sqft

Based on all homes sold in May 2023.

Difference Since Last Month

+$80,100(+17.4%)

Key Takeaway

Homes in Good Hope have sold for 17.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023May 2023%
1 --
N/A
2 --
N/A
3 $210K-
N/A
4 $477.9K$540K
+13.0%
5+ --
N/A

How many homes are available in Good Hope, GA?

Number of Homes For Sale

Apr 2023May 2023%
17170.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 98
-11.1%
5+ 23
+50.0%

Number of Homes Sold

Apr 2023May 2023%
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Good Hope, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

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

Average Sale Time

Apr 2023May 2023%
27 Days43 Days+59.3%

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Good Hope has remained consistent over time.

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

About Good Hope, GA

Number of homes for sale in Good Hope, GA real estate market have reached 17. In May 2023 median list price was $540,000 and the average listing age was 43 days. This housing market listing prices have changed between May 2022 and May 2023: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 13%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes did not move, 4 bedrooms homes became 11.1% less available, 5 bedrooms homes became 50% more available. In May 2023, from all listings sold in Good Hope, GA there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.