Is Ringgold, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ringgold has remained a Seller's Market.
Key Takeaway
Ringgold is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ringgold, GA
How much do homes in Ringgold, GA cost?
Median Sold Price
$311,472
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ringgold have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Ringgold was $311,472 in April 2024, up 5.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $165K | $199.5K | +20.9% |
| 3 Bedrooms | $275K | $300K | +9.1% |
| 4 Bedrooms | $364K | $405K | +11.3% |
| 5+ Bedrooms | $407.5K | $495K | +21.5% |
Summary: Ringgold housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
| Boynton Ridge | $306.6K | $339K | +10.5% |
| Catoosa Springs | $254K | $275K | +8.3% |
| Ringgold | $294.7K | $311.4K | +5.7% |
Housing Supply in Ringgold, GA
How many homes are available in Ringgold, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 222 | 219 | -1.4% |
Summary: The Ringgold real estate market had 219 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 25 | 30 | +20.0% |
| 3 Bedrooms | 119 | 109 | -8.4% |
| 4 Bedrooms | 57 | 60 | +5.3% |
| 5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The Ringgold housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 54 | 0.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ringgold, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Ringgold in April 2024, the same as the previous month. Of the 54 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Ringgold, GA
How long does it take to sell a home in Ringgold, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 30 Days | +99.1% |
Summary: Homes in Ringgold had an average of 30 days on market in Apr 2024, up by 99.1% compared to last year.
Breakdown of Home Sale Times
10 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 Ringgold are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 54 homes were sold in Ringgold; 19% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
Based on information from the Georgia MLS © 2024. 
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.