Is Mount Zion, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Mount Zion has remained a Seller's Market.
Key Takeaway
Mount Zion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Mount Zion, GA cost?
Median Sold Price
$267,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Mount Zion have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Mount Zion was $267,500 in August 2023, down 4.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $255K | $265K | +3.9% |
| 4 Bedrooms | $324.9K | $385.5K | +18.6% |
| 5+ Bedrooms | $285K | - | N/A |
Summary: Mount Zion housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bremen | $282.3K | $299.9K | +6.2% |
| Mount Zion | $279.9K | $267.5K | -4.4% |
Housing Supply
How many homes are available in Mount Zion, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Mount Zion real estate market had 9 homes for sale in August 2023, the same as July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mount Zion housing inventory by bedroom type for August 2023 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 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Zion, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mount Zion in August 2023, up by 50.0% 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
How long does it take to sell a home in Mount Zion, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 19 Days | 14 Days | -23.8% |
Summary: Homes in Mount Zion had an average of 14 days on market in Aug 2023, down by 23.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Zion are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 3 homes were sold in Mount Zion; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.