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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hall County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Hall County, GA cost?

Median Sold Price

$368,012

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$57,875(+18.7%)

Key Takeaway

Homes in Hall County have sold for 18.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $342K$190K
-44.4%
2 $195K$240K
+23.1%
3 $260.5K$314.9K
+20.9%
4 $347.1K$414.4K
+19.4%
5+ $499.5K$550K
+10.1%

Median Sold Price Compared To Nearby Counties

Forsyth County
+23.9%
Barrow County
+22.7%
Jackson County
+21.2%
Hall County
+18.7%
Banks County
+17.4%

How many homes are available in Hall County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
1,0611,028-3.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 13
+200.0%
2 7073
+4.3%
3 413416
+0.7%
4 377351
-6.9%
5+ 200185
-7.5%

Number of Homes Sold

Sep 2022Oct 2022%
266210-21.1%

Asking Price vs. Sold Price

117 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hall County, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
23 Days35 Days+51.0%

Breakdown of Home Sale Times

121 Homes Were Sold
Under 30 Days

71 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Hall County, GA

Hall County, GA has 1,028 homes for sale to choose from. In October 2022 in Hall County, GA there were 3.1% less homes for sale than in September 2022. Listings spent 35 days on the market in October 2022, and had a median list price of $368,012 during the same period. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 44.4% more cheaper, the cost of 2 bedrooms properties went up by 23.1%, 3 bedrooms properties became 20.9% more expensive, prices of 4 bedrooms properties went up by 19.4%, prices of 5 bedrooms properties went up by 10.1%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 200%, volume of 2 bedrooms homes went up by 4.3%, the quantity of 3 bedrooms homes went up by 0.7%, 4 bedrooms homes became 6.9% less available, volume of 5 bedrooms homes went down by 7.5%. Over 49 listings were sold over their listed price in October 2022 in Hall County, GA. In the same period over 117 listings were sold below the listed price and 37 listings were sold for the listed price.

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