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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hiram is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Hiram is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hiram, GA

How much do homes in Hiram, GA cost?

Median Sold Price

$325,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,500(+2.4%)

Key Takeaway

Homes in Hiram have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Hiram was $325,000 in March 2024, up 2.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $265K$253K
-4.5%
3 $290K$310K
+6.9%
4 $350K$350K
0.0%
5+ $362K$396.4K
+9.5%

Summary: Hiram 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 decreased by 4.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Dallas
+3.4%
Hiram
+2.4%

Housing Supply in Hiram, GA

How many homes are available in Hiram, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
119130+9.2%

Summary: The Hiram real estate market had 130 homes for sale in March 2024, a 9.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 7175
+5.6%
4 3232
0.0%
5+ 611
+83.3%

Summary: The Hiram 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 22.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 83.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2421-12.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hiram, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Hiram in March 2024, down by 12.5% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% were sold over asking.

Days on Market for Hiram, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
68 Days44 Days-36.0%

Summary: Homes in Hiram had an average of 44 days on market in Mar 2024, down by 36% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 21 homes were sold in Hiram; 48% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 14% 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 26 Days Ago

Newest Listings in Hiram, GA

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