Is Mossy Creek, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mossy Creek is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Mossy Creek, GA

How much do homes in Mossy Creek, GA cost?

Median Sold Price

$325,500

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,500(+10.3%)

Key Takeaway

Homes in Mossy Creek have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Mossy Creek was $325,500 in March 2024, up 10.3% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $99.9K$145K
+45.1%
2 $225K$234.9K
+4.4%
3 $283.9K$317.5K
+11.8%
4 $379K$400K
+5.5%
5+ $420K$519K
+23.6%

Summary: Mossy Creek housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.1%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 23.6%.

Housing Supply in Mossy Creek, GA

How many homes are available in Mossy Creek, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3441+20.6%

Summary: The Mossy Creek real estate market had 41 homes for sale in March 2024, a 20.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 98
-11.1%
3 1922
+15.8%
4 14
+300.0%
5+ 34
+33.3%

Summary: The Mossy Creek housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mossy Creek, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Mossy Creek in March 2024, up by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Mossy Creek, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
21 Days84 Days+288.0%

Summary: Homes in Mossy Creek had an average of 84 days on market in Mar 2024, up by 288% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 7 homes were sold in Mossy Creek; 43% of homes were sold within 30 days, 29% 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 17 Days Ago

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