Is Moreland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Moreland was a Seller's Market.
Housing Prices in Moreland, GA
How much do homes in Moreland, GA cost?
Median Sold Price
$495,000
$209/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Moreland was $495,000 in June 2024, down 13.1% from last month, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $369.9K | $430K | +16.2% |
4 Bedrooms | $573.4K | $560K | -2.3% |
5+ Bedrooms | $589.9K | - | N/A |
Summary: Moreland housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes did not change.
Housing Supply in Moreland, GA
How many homes are available in Moreland, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Moreland real estate market had 23 homes for sale in June 2024, a 8.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Moreland housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 2 | -77.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Moreland in June 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Moreland, GA
How long does it take to sell a home in Moreland, GA?
Average Sale Time
May 2024 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 12 Days | -61.6% |
Summary: Homes in Moreland had an average of 12 days on market in Jun 2024, down by 61.6% compared to last month.
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
Summary: During June 2024, 2 homes were sold in Moreland; 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.