Is Sharpsburg, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharpsburg is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Sharpsburg, GA

How much do homes in Sharpsburg, GA cost?

Median Sold Price

$435,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$20,000(-4.4%)

Key Takeaway

Homes in Sharpsburg have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Sharpsburg was $435,000 in May 2024, down 4.4% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $430K$514.9K
+19.8%
3 $358.2K$369.4K
+3.1%
4 $493K$450.9K
-8.5%
5+ $525K$590K
+12.4%

Summary: Sharpsburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 12.4%.

Housing Supply in Sharpsburg, GA

How many homes are available in Sharpsburg, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
89108+21.3%

Summary: The Sharpsburg real estate market had 108 homes for sale in May 2024, a 21.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 3741
+10.8%
4 3144
+41.9%
5+ 1822
+22.2%

Summary: The Sharpsburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 41.9%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2229+31.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharpsburg, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Sharpsburg in May 2024, up by 31.8% month-over-month. Of the 26 sold homes, 27% were sold under asking, 35% were sold at asking, and 38% were sold over asking.

Days on Market for Sharpsburg, GA

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

Average Sale Time

May 2023May 2024CHANGE
36 Days41 Days+14.0%

Summary: Homes in Sharpsburg had an average of 41 days on market in May 2024, up by 14% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 29 homes were sold in Sharpsburg; 83% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 10% 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 13 Days Ago

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