Is Rossville-Beverly Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rossville-Beverly Hills is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Rossville-Beverly Hills has remained a Seller's Market.

Key Takeaway

Rossville-Beverly Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rossville-Beverly Hills, GA

How much do homes in Rossville-Beverly Hills, GA cost?

Median Sold Price

$186,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,500(+1.9%)

Key Takeaway

Homes in Rossville-Beverly Hills have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Rossville-Beverly Hills was $186,000 in April 2024, up 1.9% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $193K-
N/A
2 $150K$159.9K
+6.6%
3 $197.9K$205K
+3.6%
4 $235K$295K
+25.5%
5+ $350K$295K
-15.7%

Summary: Rossville-Beverly Hills 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 6.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes decreased by 15.7%.

Median Sold Price Compared To Nearby Cities

Chattanooga Valley
+26.7%
Rossville
+16.9%
Fort Oglethorpe-Lakeview
+16.9%
Fort Oglethorpe
+10.4%
Rossville-Beverly Hills
+1.9%

Housing Supply in Rossville-Beverly Hills, GA

How many homes are available in Rossville-Beverly Hills, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7074+5.7%

Summary: The Rossville-Beverly Hills real estate market had 74 homes for sale in April 2024, a 5.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1612
-25.0%
3 3140
+29.0%
4 1512
-20.0%
5+ 68
+33.3%

Summary: The Rossville-Beverly Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 29%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1119+72.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rossville-Beverly Hills, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Rossville-Beverly Hills in April 2024, up by 72.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 37% were sold at asking, and 26% were sold over asking.

Days on Market for Rossville-Beverly Hills, GA

How long does it take to sell a home in Rossville-Beverly Hills, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
6 Days37 Days+469.2%

Summary: Homes in Rossville-Beverly Hills had an average of 37 days on market in Apr 2024, up by 469.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rossville-Beverly Hills are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Rossville-Beverly Hills; 16% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% 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 7 Days Ago

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