Is Hall 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, 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.
Housing Prices in Hall County, GA
How much do homes in Hall County, GA cost?
Median Sold Price
$385,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hall County have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Hall County was $385,000 in March 2024, up 2.7% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $259.9K | -3.7% |
| 2 Bedrooms | $248.3K | $265K | +6.7% |
| 3 Bedrooms | $324.9K | $338.8K | +4.3% |
| 4 Bedrooms | $425K | $446.2K | +5.0% |
| 5+ Bedrooms | $569.3K | $590.5K | +3.7% |
Summary: Hall County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Counties
| Banks County | $315K | $339.9K | +7.9% |
| Forsyth County | $549.9K | $575K | +4.5% |
| Lumpkin County | $353.2K | $363.5K | +2.9% |
| Hall County | $374.9K | $385K | +2.7% |
| Jackson County | $413.7K | $425K | +2.7% |
Housing Supply in Hall County, GA
How many homes are available in Hall County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 944 | 1,028 | +8.9% |
Summary: The Hall County real estate market had 1,028 homes for sale in March 2024, a 8.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 9 | +125.0% |
| 2 Bedrooms | 64 | 62 | -3.1% |
| 3 Bedrooms | 370 | 388 | +4.9% |
| 4 Bedrooms | 301 | 360 | +19.6% |
| 5+ Bedrooms | 205 | 209 | +2.0% |
Summary: The Hall County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 125%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 186 | 198 | +6.5% |
Asking Price vs. Sold Price
110 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hall County, you may be able to get a good deal. 60.4% of homes here sold below asking price last month.
Summary: A total of 198 homes were sold or pending in Hall County in March 2024, up by 6.5% month-over-month. Of the 182 sold homes, 60% were sold under asking, 21% were sold at asking, and 19% were sold over asking.
Days on Market for Hall County, GA
How long does it take to sell a home in Hall County, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 41 Days | -21.3% |
Summary: Homes in Hall County had an average of 41 days on market in Mar 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
109 Homes Were Sold
Under 30 Days
55 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hall County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 198 homes were sold in Hall County; 55% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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