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 March 2023
At the same time last year, Nelson-Tate-Marble Hill was a Seller's Market.
Key Takeaway
Nelson-Tate-Marble Hill 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 Nelson-Tate-Marble Hill, GA
How much do homes in Nelson-Tate-Marble Hill, GA cost?
Median Sold Price
$464,933
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Nelson-Tate-Marble Hill have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Nelson-Tate-Marble Hill was $464,933 in March 2024, up 17.8% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $262.5K | $257.5K | -1.9% |
| 3 Bedrooms | $360K | $407.9K | +13.3% |
| 4 Bedrooms | $572.5K | $624.9K | +9.2% |
| 5+ Bedrooms | $845K | $629.5K | -25.5% |
Summary: Nelson-Tate-Marble Hill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 25.5%.
Median Sold Price Compared To Nearby Cities
| Nelson-Tate-Marble Hill | $394.8K | $464.9K | +17.8% |
| Jasper | $365K | $419.2K | +14.9% |
Housing Supply in Nelson-Tate-Marble Hill, GA
How many homes are available in Nelson-Tate-Marble Hill, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 149 | 160 | +7.4% |
Summary: The Nelson-Tate-Marble Hill real estate market had 160 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 84 | 81 | -3.6% |
| 4 Bedrooms | 42 | 46 | +9.5% |
| 5+ Bedrooms | 18 | 25 | +38.9% |
Summary: The Nelson-Tate-Marble Hill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 38.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Nelson-Tate-Marble Hill in March 2024, down by 7.7% month-over-month. Of the 24 sold homes, 67% were sold under asking, 21% were sold at asking, and 13% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 44 Days | -15.2% |
Summary: Homes in Nelson-Tate-Marble Hill had an average of 44 days on market in Mar 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 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 March 2024, 24 homes were sold in Nelson-Tate-Marble Hill; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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.