Is Nelson-Tate-Marble Hill, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Nelson-Tate-Marble Hill was a Neutral Market.
Key Takeaway
Nelson-Tate-Marble Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Nelson-Tate-Marble Hill, GA
How much do homes in Nelson-Tate-Marble Hill, GA cost?
Median Sold Price
$455,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Nelson-Tate-Marble Hill have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Nelson-Tate-Marble Hill was $455,000 in November 2023, up 16.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187.5K | - | N/A |
| 2 Bedrooms | $243K | $257.5K | +6.0% |
| 3 Bedrooms | $360K | $396K | +10.0% |
| 4 Bedrooms | $550K | $624.9K | +13.6% |
| 5+ Bedrooms | $570K | $822.5K | +44.3% |
Summary: Nelson-Tate-Marble Hill housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 44.3%.
Median Sold Price Compared To Nearby Cities
| Jasper | $327.5K | $410.7K | +25.4% |
| Nelson-Tate-Marble Hill | $389.7K | $455K | +16.7% |
Housing Supply in Nelson-Tate-Marble Hill, GA
How many homes are available in Nelson-Tate-Marble Hill, GA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 168 | 149 | -11.3% |
Summary: The Nelson-Tate-Marble Hill real estate market had 149 homes for sale in November 2023, a 11.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 69 | 66 | -4.3% |
| 4 Bedrooms | 58 | 45 | -22.4% |
| 5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The Nelson-Tate-Marble Hill housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 36 | 21 | -41.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nelson-Tate-Marble Hill, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Nelson-Tate-Marble Hill in November 2023, down by 41.7% month-over-month. Of the 20 sold homes, 65% were sold under asking, 25% were sold at asking, and 10% were sold over asking.
Days on Market for Nelson-Tate-Marble Hill, GA
How long does it take to sell a home in Nelson-Tate-Marble Hill, GA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 42 Days | 81 Days | +92.3% |
Summary: Homes in Nelson-Tate-Marble Hill had an average of 81 days on market in Nov 2023, up by 92.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nelson-Tate-Marble Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 21 homes were sold in Nelson-Tate-Marble Hill; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 24% 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.