Is Gordon County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gordon County is a neutral's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

Gordon County 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 Gordon County, GA

How much do homes in Gordon County, GA cost?

Median Sold Price

$269,816

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$9,816(+3.8%)

Key Takeaway

Homes in Gordon County have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Gordon County was $269,816 in June 2024, up 3.8% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $112.1K$167.4K
+49.4%
2 $190K$205K
+7.9%
3 $254.2K$262.4K
+3.2%
4 $293.2K$310K
+5.7%
5+ $379K$483.7K
+27.6%

Summary: Gordon County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.4%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 27.6%.

Median Sold Price Compared To Nearby Counties

Whitfield County
+11.1%
Floyd County
+8.2%
Bartow County
+4.2%
Murray County
+4.2%
Gordon County
+3.8%

Housing Supply in Gordon County, GA

How many homes are available in Gordon County, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
264303+14.8%

Summary: The Gordon County real estate market had 303 homes for sale in June 2024, a 14.8% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 54
-20.0%
2 3241
+28.1%
3 136168
+23.5%
4 6766
-1.5%
5+ 2424
0.0%

Summary: The Gordon County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 28.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
5144-13.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gordon County, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Gordon County in June 2024, down by 13.7% month-over-month. Of the 42 sold homes, 40% were sold under asking, 26% were sold at asking, and 33% 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

Jun 2023Jun 2024CHANGE
27 Days27 Days0.1%

Summary: Homes in Gordon County had an average of 27 days on market in Jun 2024, up by 0.1% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gordon County are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 44 homes were sold in Gordon County; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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 26 Days Ago

Newest Listings in Gordon County, GA

Nearby Markets to Gordon County, GA

What housing markets are near Gordon County, GA?