Is Hapeville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hapeville is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Hapeville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hapeville, GA

How much do homes in Hapeville, GA cost?

Median Sold Price

$317,500

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$17,550(+5.9%)

Key Takeaway

Homes in Hapeville have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Hapeville was $317,500 in September 2024, up 5.9% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $185K$234K
+26.5%
2 $230K$249K
+8.3%
3 $312.5K$350K
+12.0%
4 $400K$439K
+9.8%
5+ $376.5K$419.5K
+11.4%

Summary: Hapeville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Cities

Hapeville
+5.9%
Atlanta
+3.9%
East Point
-4.8%

Housing Supply in Hapeville, GA

How many homes are available in Hapeville, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4355+27.9%

Summary: The Hapeville real estate market had 55 homes for sale in September 2024, a 27.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 47
+75.0%
3 2629
+11.5%
4 713
+85.7%
5+ 44
0.0%

Summary: The Hapeville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hapeville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Hapeville in September 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Hapeville, GA

How long does it take to sell a home in Hapeville, GA?

Average Sale Time

Sep 2023Sep 2024CHANGE
36 Days90 Days+146.9%

Summary: Homes in Hapeville had an average of 90 days on market in Sep 2024, up by 146.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 5 homes were sold in Hapeville; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 10 Days Ago

Newest Listings in Hapeville, GA

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