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

Housing Market Conditions



Gauge showing Nelson-Tate-Marble Hill is a 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



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

# BEDSNov 2022Nov 2023CHANGE
1 $187.5K-
2 $243K$257.5K
3 $360K$396K
4 $550K$624.9K
5+ $570K$822.5K

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

Nelson-Tate-Marble Hill

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 2023Nov 2023CHANGE

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

# BEDSOct 2023Nov 2023CHANGE
1 00
2 1714
3 6966
4 5845
5+ 2424

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 2023Nov 2023CHANGE

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022Nov 2023CHANGE
42 Days81 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

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.

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.

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

Report Updated 2 Days Ago

Newest Listings in Nelson-Tate-Marble Hill, GA

Nearby Markets to Nelson-Tate-Marble Hill, GA

What housing markets are near Nelson-Tate-Marble Hill, GA?