Is Pendergrass, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Pendergrass has remained a Seller's Market.
Key Takeaway
Pendergrass is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pendergrass, GA
How much do homes in Pendergrass, GA cost?
Median Sold Price
$354,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
The sold price of homes in Pendergrass has remained the same since last year.
Summary: The median home sold price in Pendergrass was $354,000 in June 2024, down 0.3% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $236K | +124.8% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $317.5K | $318K | 0.2% |
| 4 Bedrooms | $350.9K | $355K | +1.1% |
| 5+ Bedrooms | $367.9K | $550K | +49.5% |
Summary: Pendergrass housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 49.5%.
Median Sold Price Compared To Nearby Cities
| Jefferson | $399.9K | $417.6K | +4.4% |
| West Jackson | $429.9K | $448.1K | +4.2% |
| Pendergrass | $355K | $354K | -0.3% |
Housing Supply in Pendergrass, GA
How many homes are available in Pendergrass, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 55 | 55 | 0.0% |
Summary: The Pendergrass real estate market had 55 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 13 | +62.5% |
| 4 Bedrooms | 26 | 22 | -15.4% |
| 5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The Pendergrass housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 62.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pendergrass, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Pendergrass in June 2024, the same as the previous month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.
Days on Market for Pendergrass, GA
How long does it take to sell a home in Pendergrass, GA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 24 Days | 36 Days | +48.3% |
Summary: Homes in Pendergrass had an average of 36 days on market in Jun 2024, up by 48.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pendergrass are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 13 homes were sold in Pendergrass; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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.