March 2024

Resaca Housing Market Report Gordon County, Georgia

Report Updated 25 Days Ago

Is Resaca, 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, Resaca was a Seller's Market.

Key Takeaway

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

Housing Prices in Resaca, GA

How much do homes in Resaca, GA cost?

Median Sold Price

$247,700

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$26,200(+11.8%)

Key Takeaway

Homes in Resaca have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Resaca was $247,700 in March 2024, up 11.8% 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	-	$150K	N/A
2 Bedrooms	$209K	$195.2K	-6.6%
3 Bedrooms	$212.5K	$247.7K	+16.6%
4 Bedrooms	$234K	$269.9K	+15.3%
5+ Bedrooms	$300K	$428.2K	+42.7%

Summary: Resaca 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 6.6%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 42.7%.

Median Sold Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Resaca	$221.5K	$247.7K	+11.8%
Sugar Valley-Resaca	$249K	$269K	+8.0%
Calhoun	$264.6K	$265.1K	0.2%

Housing Supply in Resaca, GA

How many homes are available in Resaca, GA?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
22	21	-4.5%

Summary: The Resaca real estate market had 21 homes for sale in March 2024, a 4.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	8	8	0.0%
2 Bedrooms	2	1	-50.0%
3 Bedrooms	11	9	-18.2%
4 Bedrooms	0	2	+100.0%
5+ Bedrooms	1	1	0.0%

Summary: The Resaca 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 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024	Mar 2024	CHANGE
4	1	-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Key Takeaway

If you're buying a home in Resaca, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Resaca in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Resaca, GA

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

Average Sale Time

Mar 2023	Mar 2024	CHANGE
15 Days	59 Days	+289.0%

Summary: Homes in Resaca had an average of 59 days on market in Mar 2024, up by 289% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Key Takeaway

Avg time on Rocket Homes in Resaca has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Resaca; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 25 Days Ago

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Newest Listings in Resaca, GA

What homes are available in Resaca, GA?

See More Listings

3 bedrooms, 1 full bath, 1 partial house for sale

$250,000

$2,969 Closing Credit

1 Full, 1 Partial

1,404 SqFt

182 Daisy St NW, Resaca GA, 30735

Amanda Brown

Listing Office:

Maximum One Community Realtors

$299,900

$3,561 Closing Credit

2,128 SqFt

4843 S S Dixie Hwy, Resaca GA, 30735

Becky White

Listing Office:

Maximum One Community Realtors

$299,900

$3,561 Closing Credit

2,128 SqFt

4843 S Dixie Hwy, Resaca GA, 30735

Becky White

Listing Office:

Maximum One Community Realtors

$299,900

$3,561 Closing Credit

1,344 SqFt

367 Brody Dr NE, Resaca GA, 30735

Tadd Cochran

Listing Office:

Keller Williams Realty Signature Partners

3 bedrooms, 2 full baths, 1 partial house for sale

$579,900

$6,886 Closing Credit

2 Full, 1 Partial

4,684 SqFt

2168 Nicklesville Rd NE, Resaca GA, 30735

Anthony Gallman

Listing Office:

Coldwell Banker Kinard Realty

5 bedrooms, 2 full baths, 1 partial house for sale

$529,999

$6,294 Closing Credit

2 Full, 1 Partial

2,613 SqFt

5345 Nicklesville Rd NE, Resaca GA, 30735

Mikel Muffley

Listing Office:

Weichert, Realtors - The Collective

$419,900

$4,986 Closing Credit

1,648 SqFt

119 Spring Place Rd, Resaca GA, 30735

Cheryl Melis

Listing Office:

Better Homes GA Properties , LLC.

$80,000

Land

6.16 Acres

0 N Defoor Rd, Resaca GA, 30735

Samantha Lusk

Listing Office:

Samantha Lusk & Assoc. Realty

$80,000

Land

6.16 Acres

0 N Defoor Rd, Resaca GA, 30735

Listing Office:

Samantha Lusk and Associates Realty

$80,000

Land

6.16 Acres

0 N Defoor Rd, Resaca GA, 30735

Samantha Lusk

Listing Office:

Samantha Lusk & Associates Realty, Inc.

$430,000

$5,106 Closing Credit

1,200 SqFt

174 Cudd Rd, Resaca GA, 30735

Listing Office:

Keller Williams Realty Greater Dalton

$225,000

$2,672 Closing Credit

1,000 SqFt

361 Cudd Rd, Resaca GA, 30735

Listing Office:

Keller Williams Realty Greater Dalton

Nearby Markets to Resaca, GA

What housing markets are near Resaca, GA?

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Based on information from First Multiple Listing Service Inc., Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., Georgia MLS, and RealTracs Middle Tennessee Regional MLS for the period 04/01/2022 - 04/01/2024

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX © 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:18:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.