Is Inman Park, 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, Inman Park has remained a Seller's Market.
Key Takeaway
Inman Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Inman Park, GA
How much do homes in Inman Park, GA cost?
Median Sold Price
$850,000
$444/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Inman Park have sold for 29.8% more than they did a year ago.
Summary: The median home sold price in Inman Park was $850,000 in March 2024, up 29.8% from last year, and the median price per square foot was $444.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $365K | +9.0% |
| 2 Bedrooms | $580K | $581K | 0.2% |
| 3 Bedrooms | $933K | $1.0M | +15.8% |
| 4 Bedrooms | $1.3M | $1.3M | -5.2% |
| 5+ Bedrooms | $1.2M | $1.8M | +49.3% |
Summary: Inman Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 49.3%.
Housing Supply in Inman Park, GA
How many homes are available in Inman Park, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Summary: The Inman Park real estate market had 19 homes for sale in March 2024, a 46.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Inman Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Inman Park, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Inman Park in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Inman Park, GA
How long does it take to sell a home in Inman Park, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 5 Days | 8 Days | +51.8% |
Summary: Homes in Inman Park had an average of 8 days on market in Mar 2024, up by 51.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Inman Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Inman Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.