Is Gordon County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Gordon County has remained a Seller's Market.
Housing Prices in Gordon County, GA
How much do homes in Gordon County, GA cost?
Median Sold Price
$268,333
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Gordon County was $268,333 in March 2024, up 3.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128K | $150K | +17.2% |
2 Bedrooms | $182.5K | $198.4K | +8.7% |
3 Bedrooms | $249.6K | $262.2K | +5.0% |
4 Bedrooms | $294K | $307.9K | +4.7% |
5+ Bedrooms | $388.5K | $455K | +17.1% |
Summary: Gordon County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Counties
Whitfield County | $233.3K | $265K | +13.6% |
Floyd County | $220.1K | $239.3K | +8.7% |
Murray County | $232.5K | $249.9K | +7.5% |
Gordon County | $258.7K | $268.3K | +3.7% |
Bartow County | $314.9K | $324.9K | +3.2% |
Housing Supply in Gordon County, GA
How many homes are available in Gordon County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
222 | 230 | +3.6% |
Summary: The Gordon County real estate market had 230 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 139 | 138 | -0.7% |
4 Bedrooms | 38 | 43 | +13.2% |
5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The Gordon County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 55 | +37.5% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Gordon County in March 2024, up by 37.5% month-over-month. Of the 52 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for Gordon County, GA
How long does it take to sell a home in Gordon County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 52 Days | +15.9% |
Summary: Homes in Gordon County had an average of 52 days on market in Mar 2024, up by 15.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 55 homes were sold in Gordon County; 49% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.