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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Jasper is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jasper, GA

How much do homes in Jasper, GA cost?

Median Sold Price

$419,240

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$54,240(+14.9%)

Key Takeaway

Homes in Jasper have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in Jasper was $419,240 in March 2024, up 14.9% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $151K$319K
+111.3%
2 $366.4K$300K
-18.1%
3 $324K$393K
+21.3%
4 $497K$523K
+5.2%
5+ $625K$587.9K
-5.9%

Summary: Jasper housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 111.3%, 2 bedroom homes decreased by 18.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Nelson-Tate-Marble Hill
+17.8%
Jasper
+14.9%

Housing Supply in Jasper, GA

How many homes are available in Jasper, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
274317+15.7%

Summary: The Jasper real estate market had 317 homes for sale in March 2024, a 15.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2333
+43.5%
3 135146
+8.1%
4 8695
+10.5%
5+ 3043
+43.3%

Summary: The Jasper 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 43.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 43.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4741-12.8%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper, you may be able to get a good deal. 63.4% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Jasper in March 2024, down by 12.8% month-over-month. Of the 41 sold homes, 63% were sold under asking, 22% were sold at asking, and 15% were sold over asking.

Days on Market for Jasper, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
56 Days52 Days-7.5%

Summary: Homes in Jasper had an average of 52 days on market in Mar 2024, down by 7.5% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 41 homes were sold in Jasper; 59% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 29% 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 22 Days Ago

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