Is Nelson, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nelson is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Nelson has remained a Seller's Market.

Key Takeaway

Nelson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Nelson, GA cost?

Median Sold Price

$341,250

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$72,250(+26.9%)

Key Takeaway

Homes in Nelson have sold for 26.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $155K$275K
+77.4%
3 $265K$340K
+28.3%
4 $274.9K$400K
+45.5%
5+ $428K$377.5K
-11.8%

Median Sold Price Compared To Nearby Cities

Nelson
+26.9%
Nelson-Tate-Marble Hill
+24.7%

How many homes are available in Nelson, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
46+50.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 02
+100.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
03+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nelson, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
13 Days2 Days-85.2%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Nelson, GA

Homes for sale in Nelson, GA have reached 6. In April 2022 in Nelson, GA there were 50% more homes for sale than in March 2022. In April 2022, listings were on the market for 2 days. During the same period, the median list price in this real estate market was $341,250. This housing market listing prices have changed between March 2022 and April 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 77.4%, prices of 3 bedrooms properties went up by 28.3%, prices of 4 bedrooms properties increased by 45.5%, 5 bedrooms properties prices decreased by 11.8%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory did not change, volume of 4 bedrooms homes went up by 100%, number of 5 bedrooms homes remained the same. In April 2022 more than 3 listings in Nelson, GA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below.

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