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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hiram is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Hiram has remained a Seller's Market.

Key Takeaway

Hiram is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hiram, GA

How much do homes in Hiram, GA cost?

Median Sold Price

$325,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 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 April 2024, up 2.4% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $245K$267.4K
+9.2%
3 $290K$314.5K
+8.4%
4 $345K$350K
+1.4%
5+ $422.4K$396.4K
-6.2%

Summary: Hiram housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 6.2%.

Median Sold Price Compared To Nearby Cities

Dallas
+4.0%
Hiram
+2.4%

Housing Supply in Hiram, GA

How many homes are available in Hiram, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
131158+20.6%

Summary: The Hiram real estate market had 158 homes for sale in April 2024, a 20.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1111
0.0%
3 7188
+23.9%
4 3944
+12.8%
5+ 914
+55.6%

Summary: The Hiram housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 55.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2028+40.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 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. 46.4% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Hiram in April 2024, up by 40.0% month-over-month. Of the 28 sold homes, 46% were sold under asking, 43% were sold at asking, and 11% 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

Apr 2023Apr 2024CHANGE
61 Days20 Days-66.6%

Summary: Homes in Hiram had an average of 20 days on market in Apr 2024, down by 66.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 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 April 2024, 28 homes were sold in Hiram; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Hiram, GA

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