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.
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
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
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
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.