$50,000
3.00 Acres
Land
The Davenport Group, Listing Office: Keller Williams Realty Partners
Is Talking Rock, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Talking Rock was a Seller's Market.
Key Takeaway
Talking Rock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Talking Rock, GA
How much do homes in Talking Rock, GA cost?
Median Sold Price
$356,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$31,500(-8.1%)
Key Takeaway
Homes in Talking Rock have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Talking Rock was $356,000 in September 2024, down 8.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.5K | $244K | -3.4% |
| 3 Bedrooms | $325K | $353.7K | +8.8% |
| 4 Bedrooms | $573K | $410K | -28.4% |
| 5+ Bedrooms | $531K | $969K | +82.5% |
Summary: Talking Rock housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 28.4%, and 5+ bedroom homes increased by 82.5%.
Housing Supply in Talking Rock, GA
How many homes are available in Talking Rock, GA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 74 | 73 | -1.4% |
Summary: The Talking Rock real estate market had 73 homes for sale in September 2024, a 1.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 43 | 38 | -11.6% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Talking Rock housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Talking Rock, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Talking Rock in September 2024, down by 60.0% 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 Talking Rock, GA
How long does it take to sell a home in Talking Rock, GA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 27 Days | 25 Days | -7.7% |
Summary: Homes in Talking Rock had an average of 25 days on market in Sep 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Talking Rock are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Talking Rock; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.