Is Sand Mountain, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sand Mountain is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sand Mountain has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sand Mountain, GA

How much do homes in Sand Mountain, GA cost?

Median Sold Price

$131,900

$134/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$162,600(-55.2%)

Key Takeaway

Homes in Sand Mountain have sold for 55.2% less than they did a month ago.

Summary: The median home sold price in Sand Mountain was $131,900 in March 2024, down 55.2% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $294.5K$131.9K
-55.2%
4 --
N/A
5+ --
N/A

Summary: Sand Mountain housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 55.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sand Mountain, GA

How many homes are available in Sand Mountain, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
12120.0%

Summary: The Sand Mountain real estate market had 12 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 109
-10.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Sand Mountain 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sand Mountain, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sand Mountain in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Sand Mountain, GA

How long does it take to sell a home in Sand Mountain, GA?

Average Sale Time

Feb 2024Mar 2024CHANGE
46 Days21 Days-54.8%

Summary: Homes in Sand Mountain had an average of 21 days on market in Mar 2024, down by 54.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sand Mountain are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Sand Mountain; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Sand Mountain, GA

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