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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pike County is a buyer's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Pike County, GA cost?

Median Sold Price

$329,900

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$48,350(+17.2%)

Key Takeaway

Homes in Pike County have sold for 17.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$60K
N/A
2 $189.9K$194.3K
+2.3%
3 $241.2K$265K
+9.8%
4 $324K$390K
+20.4%
5+ $380K$447.5K
+17.8%

Median Sold Price Compared To Nearby Counties

Meriwether County
+25.1%
Lamar County
+20.0%
Upson County
+19.2%
Pike County
+17.2%
Spalding County
+17.2%

How many homes are available in Pike County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
6274+19.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 10
-100.0%
2 57
+40.0%
3 2528
+12.0%
4 2129
+38.1%
5+ 1010
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
149-35.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pike County, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
17 Days27 Days+57.5%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Pike County, GA

Number of homes for sale in Pike County, GA real estate market have reached 74. In October 2022 in Pike County, GA there were 19.4% more homes for sale than in September 2022. In October 2022 median list price was $329,900 and the average listing age was 27 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 2.3%, prices of 3 bedrooms properties increased by 9.8%, 4 bedrooms properties became 20.4% more expensive, 5 bedrooms properties became 17.8% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% less available, 2 bedrooms homes became 40% more available, 3 bedrooms homes became 12% more available, number of 4 bedrooms homes increased by 38.1%, number of 5 bedrooms homes remained the same. Over 2 listings were sold over their listed price in October 2022 in Pike County, GA. In the same period over 4 listings were sold below the listed price and 3 listings were sold for the listed price.

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