Is Kathleen, 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, Kathleen was a Buyer's Market.
Key Takeaway
Kathleen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kathleen, GA
How much do homes in Kathleen, GA cost?
Median Sold Price
$381,175
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kathleen have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Kathleen was $381,175 in March 2024, up 7.8% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $251K | $248.5K | -1.0% |
| 4 Bedrooms | $336.5K | $350K | +4.0% |
| 5+ Bedrooms | $382.6K | $430K | +12.4% |
Summary: Kathleen 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 did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Cities
| Bonaire | $263K | $310K | +17.9% |
| Warner Robins | $195K | $217.5K | +11.6% |
| Kathleen | $353.6K | $381.1K | +7.8% |
| Perry | $287.3K | $289.9K | +0.9% |
| Elko | $383.2K | $385K | 0.5% |
Housing Supply in Kathleen, GA
How many homes are available in Kathleen, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 110 | 122 | +10.9% |
Summary: The Kathleen real estate market had 122 homes for sale in March 2024, a 10.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 65 | 69 | +6.2% |
| 5+ Bedrooms | 28 | 31 | +10.7% |
Summary: The Kathleen 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 remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 10.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 22 | +69.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kathleen, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Kathleen in March 2024, up by 69.2% month-over-month. Of the 21 sold homes, 19% were sold under asking, 43% were sold at asking, and 38% were sold over asking.
Days on Market for Kathleen, GA
How long does it take to sell a home in Kathleen, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 55 Days | +149.1% |
Summary: Homes in Kathleen had an average of 55 days on market in Mar 2024, up by 149.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kathleen are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in Kathleen; 55% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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