Is Rockmart, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Rockmart has remained a Seller's Market.
Housing Prices in Rockmart, GA
How much do homes in Rockmart, GA cost?
Median Sold Price
$260,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rockmart was $260,000 in March 2024, up 10.6% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89K | $93K | +4.5% |
2 Bedrooms | $155K | $168K | +8.4% |
3 Bedrooms | $245K | $259.9K | +6.1% |
4 Bedrooms | $270K | $316.2K | +17.1% |
5+ Bedrooms | $479.6K | $347.5K | -27.5% |
Summary: Rockmart housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes decreased by 27.5%.
Housing Supply in Rockmart, GA
How many homes are available in Rockmart, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 120 | +6.2% |
Summary: The Rockmart real estate market had 120 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 13 | -7.1% |
3 Bedrooms | 69 | 70 | +1.4% |
4 Bedrooms | 22 | 26 | +18.2% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Rockmart 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 7.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Rockmart in March 2024, down by 4.2% month-over-month. Of the 22 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Rockmart, GA
How long does it take to sell a home in Rockmart, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 36 Days | -32.2% |
Summary: Homes in Rockmart had an average of 36 days on market in Mar 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Rockmart; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.