Is Nelson-Tate-Marble Hill, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nelson-Tate-Marble Hill is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Nelson-Tate-Marble Hill has remained a Seller's Market.

Key Takeaway

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

How much do homes in Nelson-Tate-Marble Hill, GA cost?

Median Sold Price

$395,791

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$78,391(+24.7%)

Key Takeaway

Homes in Nelson-Tate-Marble Hill have sold for 24.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $131K$327K
+149.6%
2 $195K$250K
+28.2%
3 $289.9K$349K
+20.4%
4 $386.2K$500K
+29.4%
5+ $490K$585K
+19.4%

Median Sold Price Compared To Nearby Cities

Nelson
+26.9%
Nelson-Tate-Marble Hill
+24.7%
Jasper
+4.9%

How many homes are available in Nelson-Tate-Marble Hill, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
9496+2.1%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 12
+100.0%
2 910
+11.1%
3 4243
+2.4%
4 2729
+7.4%
5+ 1512
-20.0%

Number of Homes Sold

Mar 2022Apr 2022%
3524-31.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nelson-Tate-Marble Hill, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
26 Days12 Days-52.4%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nelson-Tate-Marble Hill 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-Tate-Marble Hill, GA

There are 96 homes are for sale in Nelson-Tate-Marble Hill, GA real estate market. In April 2022 in Nelson-Tate-Marble Hill, GA there were 2.1% more homes for sale than in March 2022. While the average time on the market in April 2022 was 12 days, the median list price was $395,791. Between March 2022 and April 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 149.6%, prices of 2 bedrooms properties increased by 28.2%, 3 bedrooms properties prices increased by 20.4%, the cost of 4 bedrooms properties went up by 29.4%, 5 bedrooms properties prices increased by 19.4%. Volume of homes for sale changed: volume of 1 bedroom homes went up by 100%, number of 2 bedrooms homes increased by 11.1%, 3 bedrooms homes became 2.4% more available, number of 4 bedrooms homes increased by 7.4%, number of 5 bedrooms homes decreased by 20%. While more than 11 listings in Nelson-Tate-Marble Hill, GA in April 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 8 were sold below.

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