Is Pickens County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickens County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Pickens County was a Seller's Market.

Key Takeaway

Pickens County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pickens County, GA

How much do homes in Pickens County, GA cost?

Median Sold Price

$409,966

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,312(+5.8%)

Key Takeaway

Homes in Pickens County have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Pickens County was $409,966 in March 2024, up 5.8% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $245.5K$319K
+29.9%
2 $310K$292K
-5.8%
3 $347.5K$376.2K
+8.3%
4 $500K$519K
+3.8%
5+ $627.4K$610.2K
-2.7%

Summary: Pickens County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.9%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Counties

Pickens County
+5.8%
Cherokee County
+5.6%
Gordon County
+3.7%
Dawson County
+3.0%
Gilmer County
+1.3%

Housing Supply in Pickens County, GA

How many homes are available in Pickens County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
314363+15.6%

Summary: The Pickens County real estate market had 363 homes for sale in March 2024, a 15.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2642
+61.5%
3 159167
+5.0%
4 93105
+12.9%
5+ 3649
+36.1%

Summary: The Pickens County 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 61.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 36.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5341-22.6%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickens County, you may be able to get a good deal. 63.4% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Pickens County in March 2024, down by 22.6% month-over-month. Of the 41 sold homes, 63% were sold under asking, 22% were sold at asking, and 15% were sold over asking.

Days on Market for Pickens County, GA

How long does it take to sell a home in Pickens County, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
56 Days49 Days-12.6%

Summary: Homes in Pickens County had an average of 49 days on market in Mar 2024, down by 12.6% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pickens County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 41 homes were sold in Pickens County; 61% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 27% 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 24 Days Ago

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