Is Rising Fawn, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rising Fawn is a neutral's market

Buyer's
Market

Difference Since March 2023

Since last year, Rising Fawn has remained a Neutral Market.

Key Takeaway

Rising Fawn is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Rising Fawn, GA

How much do homes in Rising Fawn, GA cost?

Median Sold Price

$330,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$31,300(-8.7%)

Key Takeaway

Homes in Rising Fawn have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in Rising Fawn was $330,000 in March 2024, down 8.7% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $212K$240K
+13.2%
2 $185K$215K
+16.2%
3 $377K$435K
+15.4%
4 $490K$1.0M
+117.3%
5+ $860K$145K
-83.1%

Summary: Rising Fawn housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 117.3%, and 5+ bedroom homes decreased by 83.1%.

Median Sold Price Compared To Nearby Cities

Lookout Mountain
+17.1%
Flintstone
+5.2%
Kensington
-4.0%
Rising Fawn
-8.7%

Housing Supply in Rising Fawn, GA

How many homes are available in Rising Fawn, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1725+47.1%

Summary: The Rising Fawn real estate market had 25 homes for sale in March 2024, a 47.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1017
+70.0%
4 22
0.0%
5+ 33
0.0%

Summary: The Rising Fawn 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 increased by 50%, 3 bedroom homes increased by 70%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rising Fawn, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Rising Fawn in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rising Fawn, GA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 24 Days Ago

Newest Listings in Rising Fawn, GA

Nearby Markets to Rising Fawn, GA

What housing markets are near Rising Fawn, GA?