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 seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Gordon County has remained a Seller's Market.

Key Takeaway

Gordon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$9,607(+3.7%)

Key Takeaway

Homes in Gordon County have sold for 3.7% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $128K$150K
+17.2%
2 $182.5K$198.4K
+8.7%
3 $249.6K$262.2K
+5.0%
4 $294K$307.9K
+4.7%
5+ $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
+13.6%
Floyd County
+8.7%
Murray County
+7.5%
Gordon County
+3.7%
Bartow County
+3.2%

Housing Supply in Gordon County, GA

How many homes are available in Gordon County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
222230+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

# BEDSFeb 2024Mar 2024CHANGE
1 1111
0.0%
2 1517
+13.3%
3 139138
-0.7%
4 3843
+13.2%
5+ 1921
+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 2024Mar 2024CHANGE
4055+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gordon County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
45 Days52 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

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 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.

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

Report Updated 24 Days Ago

Newest Listings in Gordon County, GA

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