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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hoschton is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Hoschton, GA

How much do homes in Hoschton, GA cost?

Median Sold Price

$474,500

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,000(+3.3%)

Key Takeaway

Homes in Hoschton have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Hoschton was $474,500 in March 2024, up 3.3% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $483.1K$461.2K
-4.5%
3 $392K$400K
+2.0%
4 $417.5K$458.6K
+9.9%
5+ $580K$596K
+2.8%

Summary: Hoschton 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 2%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Cities

Braselton
+6.4%
Hoschton
+3.3%
Braselton
+3.2%
West Jackson
+1.1%

Housing Supply in Hoschton, GA

How many homes are available in Hoschton, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
267298+11.6%

Summary: The Hoschton real estate market had 298 homes for sale in March 2024, a 11.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2218
-18.2%
3 6576
+16.9%
4 113123
+8.8%
5+ 6781
+20.9%

Summary: The Hoschton 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 decreased by 18.2%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 20.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5875+29.3%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoschton, expect to pay close to the asking price. 43.2% of homes here sold near the asking price last month.

Summary: A total of 75 homes were sold or pending in Hoschton in March 2024, up by 29.3% month-over-month. Of the 74 sold homes, 39% were sold under asking, 43% were sold at asking, and 18% were sold over asking.

Days on Market for Hoschton, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
33 Days42 Days+26.9%

Summary: Homes in Hoschton had an average of 42 days on market in Mar 2024, up by 26.9% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 75 homes were sold in Hoschton; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 17% 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 25 Days Ago

Newest Listings in Hoschton, GA

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