Is Hinesville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Hinesville has remained a Seller's Market.
Housing Prices in Hinesville, GA
How much do homes in Hinesville, GA cost?
Median Sold Price
$252,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Hinesville was $252,000 in February 2024, up 12% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $120K | $95K | -20.8% |
3 Bedrooms | $200K | $219.9K | +10.0% |
4 Bedrooms | $264.9K | $279.9K | +5.7% |
5+ Bedrooms | $334K | $326.2K | -2.3% |
Summary: Hinesville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
Walthourville | $207.5K | $278K | +34.0% |
Hinesville | $225K | $252K | +12.0% |
Housing Supply in Hinesville, GA
How many homes are available in Hinesville, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
193 | 207 | +7.3% |
Summary: The Hinesville real estate market had 207 homes for sale in February 2024, a 7.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 85 | 101 | +18.8% |
4 Bedrooms | 95 | 93 | -2.1% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Hinesville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
38 | 35 | -7.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Hinesville in February 2024, down by 7.9% month-over-month. Of the 35 sold homes, 23% were sold under asking, 51% were sold at asking, and 26% were sold over asking.
Days on Market for Hinesville, GA
How long does it take to sell a home in Hinesville, GA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
13 Days | 52 Days | +285.2% |
Summary: Homes in Hinesville had an average of 52 days on market in Feb 2024, up by 285.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 35 homes were sold in Hinesville; 9% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.