Is Martin-Avalon, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Martin-Avalon is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Martin-Avalon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Martin-Avalon, GA

How much do homes in Martin-Avalon, GA cost?

Median Sold Price

$274,900

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$5,950(+2.2%)

Key Takeaway

Homes in Martin-Avalon have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Martin-Avalon was $274,900 in September 2024, up 2.2% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$112.5K
N/A
2 $183.5K$195K
+6.3%
3 $260.4K$271.4K
+4.2%
4 $325K$320K
-1.5%
5+ $413K$629K
+52.3%

Summary: Martin-Avalon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 52.3%.

Median Sold Price Compared To Nearby Cities

Toccoa
+14.9%
Martin-Avalon
+2.2%
Eastanollee
+0.6%

Housing Supply in Martin-Avalon, GA

How many homes are available in Martin-Avalon, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
38380.0%

Summary: The Martin-Avalon real estate market had 38 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2323
0.0%
4 1111
0.0%
5+ 23
+50.0%

Summary: The Martin-Avalon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Martin-Avalon, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Martin-Avalon in September 2024, up by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Martin-Avalon, GA

How long does it take to sell a home in Martin-Avalon, GA?

Average Sale Time

Sep 2023Sep 2024CHANGE
65 Days17 Days-73.4%

Summary: Homes in Martin-Avalon had an average of 17 days on market in Sep 2024, down by 73.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 10 homes were sold in Martin-Avalon; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

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