Is Hiram, 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, Hiram was a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $265K | $253K | -4.5% |
3 Bedrooms | $290K | $310K | +6.9% |
4 Bedrooms | $350K | $350K | 0.0% |
5+ Bedrooms | $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 | $348K | $359.9K | +3.4% |
Hiram | $317.5K | $325K | +2.4% |
Housing Supply in Hiram, GA
How many homes are available in Hiram, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
119 | 130 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 71 | 75 | +5.6% |
4 Bedrooms | 32 | 32 | 0.0% |
5+ Bedrooms | 6 | 11 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 21 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 44 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
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.