Is Hartwell, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hartwell was a Buyer's Market.
Housing Prices in Hartwell, GA
How much do homes in Hartwell, GA cost?
Median Sold Price
$289,900
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hartwell was $289,900 in March 2024, up 7.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $621K | - | N/A |
2 Bedrooms | $120K | $215K | +79.2% |
3 Bedrooms | $265K | $264.9K | 0% |
4 Bedrooms | $328.8K | $395.2K | +20.2% |
5+ Bedrooms | $500K | $1.1M | +120.0% |
Summary: Hartwell housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 79.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 120%.
Median Sold Price Compared To Nearby Cities
Hartwell | $269.4K | $289.9K | +7.6% |
Reed Creek | $375K | $382.9K | +2.1% |
Housing Supply in Hartwell, GA
How many homes are available in Hartwell, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
131 | 147 | +12.2% |
Summary: The Hartwell real estate market had 147 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 18 | +38.5% |
3 Bedrooms | 57 | 62 | +8.8% |
4 Bedrooms | 36 | 41 | +13.9% |
5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The Hartwell 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 38.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 34 | +112.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Hartwell in March 2024, up by 112.5% month-over-month. Of the 30 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.
Days on Market for Hartwell, GA
How long does it take to sell a home in Hartwell, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 59 Days | -11.1% |
Summary: Homes in Hartwell had an average of 59 days on market in Mar 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in Hartwell; 56% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.