Is North Whitfield, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Whitfield is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in North Whitfield, GA

How much do homes in North Whitfield, GA cost?

Median Sold Price

$319,900

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,100(+10.4%)

Key Takeaway

Homes in North Whitfield have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in North Whitfield was $319,900 in March 2024, up 10.4% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $155K$35K
-77.4%
2 $175.5K$204K
+16.2%
3 $219K$277.5K
+26.7%
4 $380K$419.9K
+10.5%
5+ $417K$610K
+46.3%

Summary: North Whitfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 46.3%.

Median Sold Price Compared To Nearby Cities

Cohutta
+52.2%
North Whitfield
+10.4%

Housing Supply in North Whitfield, GA

How many homes are available in North Whitfield, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
53530.0%

Summary: The North Whitfield real estate market had 53 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 20
-100.0%
2 45
+25.0%
3 2730
+11.1%
4 1615
-6.3%
5+ 43
-25.0%

Summary: The North Whitfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Whitfield, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in North Whitfield in March 2024, up by 33.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for North Whitfield, GA

How long does it take to sell a home in North Whitfield, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
86 Days14 Days-83.7%

Summary: Homes in North Whitfield had an average of 14 days on market in Mar 2024, down by 83.7% compared to last year.

Breakdown of Home Sale Times

4 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 North Whitfield are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in North Whitfield; 33% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

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