Is Marble Hill, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marble Hill is a neutral's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

Marble Hill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Marble Hill, GA cost?

Median Sold Price

$685,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$149,500(+27.9%)

Key Takeaway

Homes in Marble Hill have sold for 27.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $377.4K$344.5K
-8.7%
3 $515K$410K
-20.4%
4 $477K$839K
+75.9%
5+ $740K$899.9K
+21.6%

Median Sold Price Compared To Nearby Cities

Marble Hill
+27.9%
Nelson-Tate-Marble Hill
+13.2%

How many homes are available in Marble Hill, GA?

Number of Homes For Sale

Jul 2022Aug 2022%
1213+8.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 56
+20.0%
5+ 43
-25.0%

Number of Homes Sold

Jul 2022Aug 2022%
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marble Hill, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Aug 2021Aug 2022%
20 Days1 Day-95.2%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Marble Hill, GA

Homes for sale in Marble Hill, GA have reached 13. The inventory of homes for sale in Marble Hill, GA between July 2022 and August 2022 increased by 8.3%. In August 2022, listings were on the market for 1 days. During the same period, the median list price in this real estate market was $685,000. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 8.7%, prices of 3 bedrooms properties decreased by 20.4%, prices of 4 bedrooms properties increased by 75.9%, 5 bedrooms properties prices increased by 21.6%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, 3 bedrooms homes inventory increased by 33.3%, number of 4 bedrooms homes increased by 20%, volume of 5 bedrooms homes went down by 25%. In August 2022, from all listings sold in Marble Hill, GA there were more than 0 sold above asking price, over 0 sold below and more than 2 were sold right at the asked price.

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