Is Pike County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pike County was a Neutral Market.
Key Takeaway
Pike County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pike County, GA
How much do homes in Pike County, GA cost?
Median Sold Price
$365,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pike County have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Pike County was $365,000 in March 2024, up 9.6% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $209.7K | $197.7K | -5.7% |
| 3 Bedrooms | $273.4K | $292K | +6.8% |
| 4 Bedrooms | $389.9K | $430K | +10.3% |
| 5+ Bedrooms | $478.4K | $455K | -4.9% |
Summary: Pike County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Counties
| Pike County | $333K | $365K | +9.6% |
| Lamar County | $241.9K | $254.4K | +5.2% |
| Upson County | $190K | $195K | +2.6% |
| Spalding County | $249.9K | $250K | 0.0% |
| Meriwether County | $249.4K | $242.5K | -2.8% |
Housing Supply in Pike County, GA
How many homes are available in Pike County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 70 | -4.1% |
Summary: The Pike County real estate market had 70 homes for sale in March 2024, a 4.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 32 | 34 | +6.3% |
| 4 Bedrooms | 31 | 26 | -16.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Pike 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 decreased by 33.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pike County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Pike County in March 2024, down by 6.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 50% were sold at asking, and 14% were sold over asking.
Days on Market for Pike County, GA
How long does it take to sell a home in Pike County, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 36 Days | -47.5% |
Summary: Homes in Pike County had an average of 36 days on market in Mar 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pike County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Pike County; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% 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.