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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pierce County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Pierce County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pierce County, GA

How much do homes in Pierce County, GA cost?

Median Sold Price

$350,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,050(+1.5%)

Key Takeaway

Homes in Pierce County have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Pierce County was $350,000 in March 2024, up 1.5% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $606K$120K
-80.2%
2 -$82K
N/A
3 $383K$187.5K
-51.0%
4 $289.9K$380K
+31.1%
5+ $671.6K$604.6K
-10.0%

Summary: Pierce County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 51%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Counties

Pierce County
+1.5%
Wayne County
-0.9%

Housing Supply in Pierce County, GA

How many homes are available in Pierce County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3134+9.7%

Summary: The Pierce County real estate market had 34 homes for sale in March 2024, a 9.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1012
+20.0%
4 1211
-8.3%
5+ 911
+22.2%

Summary: The Pierce 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pierce County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Pierce County in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Pierce County, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
3 Days57 Days+1468.2%

Summary: Homes in Pierce County had an average of 57 days on market in Mar 2024, up by 1468.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Pierce County; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Pierce County, GA

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