Is Rock Spring, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Spring is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Rock Spring has remained a Seller's Market.

Key Takeaway

Rock Spring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Rock Spring, GA cost?

Median Sold Price

$292,250

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$50,250(+20.8%)

Key Takeaway

Homes in Rock Spring have sold for 20.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $42K-
N/A
2 $111.2K$140K
+25.8%
3 $235K$265K
+12.8%
4 $331K$337K
+1.8%
5+ $296K$394.9K
+33.4%

Median Sold Price Compared To Nearby Cities

Rock Spring
+20.8%
La Fayette
+19.8%
Boynton Ridge
+19.6%
Kensington
+1.4%

How many homes are available in Rock Spring, GA?

Number of Homes For Sale

Jul 2022Aug 2022%
5245-13.5%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 33
0.0%
3 2923
-20.7%
4 1615
-6.3%
5+ 44
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
1517+13.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Spring, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
9 Days12 Days+28.6%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rock Spring 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 Rock Spring, GA

Rock Spring, GA has 45 homes for sale to choose from. The inventory of homes for sale in Rock Spring, GA between July 2022 and August 2022 decreased by 13.5%. Listings spent 12 days on the market in August 2022, and had a median list price of $292,250 during the same period. Real estate listing prices changed between July 2022 and August 2022: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 25.8%, 3 bedrooms properties became 12.8% more expensive, prices of 4 bedrooms properties increased by 1.8%, prices of 5 bedrooms properties increased by 33.4%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes decreased by 20.7%, 4 bedrooms homes inventory decreased by 6.3%, 5 bedrooms homes inventory did not change. In August 2022 more than 7 listings in Rock Spring, GA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 5 were sold below.

Related Housing Market Reports