Is Mount Paran / Northside, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Paran / Northside is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Mount Paran / Northside was a Neutral Market.

Key Takeaway

Mount Paran / Northside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mount Paran / Northside, GA

How much do homes in Mount Paran / Northside, GA cost?

Median Sold Price

$2,800,000

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$875,000(+45.5%)

Key Takeaway

Homes in Mount Paran / Northside have sold for 45.5% more than they did a year ago.

Summary: The median home sold price in Mount Paran / Northside was $2,800,000 in April 2024, up 45.5% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.0M$1.4M
+36.5%
5+ $2.7M$3.4M
+23.3%

Summary: Mount Paran / Northside housing prices by bedroom type for April 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 did not change, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes increased by 23.3%.

Housing Supply in Mount Paran / Northside, GA

How many homes are available in Mount Paran / Northside, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2528+12.0%

Summary: The Mount Paran / Northside real estate market had 28 homes for sale in April 2024, a 12.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 32
-33.3%
5+ 2023
+15.0%

Summary: The Mount Paran / Northside housing inventory by bedroom type for April 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Paran / Northside, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mount Paran / Northside in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Paran / Northside, GA

How long does it take to sell a home in Mount Paran / Northside, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
108 Days62 Days-42.6%

Summary: Homes in Mount Paran / Northside had an average of 62 days on market in Apr 2024, down by 42.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Paran / Northside are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Mount Paran / Northside; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

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