Is Hinesville, 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, Hinesville has remained a Seller's Market.
Housing Prices in Hinesville, GA
How much do homes in Hinesville, GA cost?
Median Sold Price
$254,466
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hinesville was $254,466 in March 2024, up 11.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $85K | $105K | +23.5% |
3 Bedrooms | $201.8K | $220K | +9.0% |
4 Bedrooms | $265K | $279.9K | +5.7% |
5+ Bedrooms | $333K | $320K | -3.9% |
Summary: Hinesville 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 23.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
Walthourville | $225K | $278K | +23.6% |
Hinesville | $227.7K | $254.4K | +11.7% |
Housing Supply in Hinesville, GA
How many homes are available in Hinesville, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
206 | 208 | +1.0% |
Summary: The Hinesville real estate market had 208 homes for sale in March 2024, a 1.0% 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 | 5 | 7 | +40.0% |
3 Bedrooms | 99 | 95 | -4.0% |
4 Bedrooms | 94 | 94 | 0.0% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Hinesville 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 40%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 57 | +42.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Hinesville in March 2024, up by 42.5% month-over-month. Of the 57 sold homes, 26% were sold under asking, 35% were sold at asking, and 39% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 54 Days | +27.4% |
Summary: Homes in Hinesville had an average of 54 days on market in Mar 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 57 homes were sold in Hinesville; 7% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.