$2,493 Closing Credit*
$209,900
1,066 SqFt
3 Beds
•1 Full Bath
Tabitha Barber, Listing Office: Metro West Realty Group LLC
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 2023
At the same time last year, Mount Zion was a Seller's Market.
Key Takeaway
Mount Zion 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 Mount Zion, GA
How much do homes in Mount Zion, GA cost?
Median Sold Price
$266,250
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$13,500(+5.3%)
Key Takeaway
Homes in Mount Zion have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Mount Zion was $266,250 in August 2024, up 5.3% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $226.4K | N/A |
| 3 Bedrooms | $240.5K | $218.9K | -9.0% |
| 4 Bedrooms | $385.5K | $300.7K | -22.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mount Zion housing prices by bedroom type for August 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 decreased by 9%, 4 bedroom homes decreased by 22%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mount Zion | $252.7K | $266.2K | +5.3% |
| Bremen | $298K | $300K | +0.7% |
Housing Supply in Mount Zion, GA
How many homes are available in Mount Zion, GA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Mount Zion real estate market had 12 homes for sale in August 2024, a 9.1% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Mount Zion housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -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 2 homes were sold or pending in Mount Zion in August 2024, down 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 for Mount Zion, GA
How long does it take to sell a home in Mount Zion, GA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 4 Days | 17 Days | +288.9% |
Summary: Homes in Mount Zion had an average of 17 days on market in Aug 2024, up by 288.9% compared to last year.
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
Key Takeaway
Many homes in Mount Zion are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 2 homes were sold in Mount Zion; 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.
