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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tallapoosa is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Tallapoosa, GA cost?

Median Sold Price

$210,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$50,100(+31.3%)

Key Takeaway

Homes in Tallapoosa have sold for 31.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $21K-
N/A
2 $126.9K$170K
+34.0%
3 $154.6K$193.9K
+25.4%
4 $186K$257.5K
+38.4%
5+ $259K$312.1K
+20.5%

Median Sold Price Compared To Nearby Cities

Tallapoosa
+31.3%
Waco
+12.8%

How many homes are available in Tallapoosa, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
3026-13.3%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 65
-16.7%
3 1813
-27.8%
4 34
+33.3%
5+ 34
+33.3%

Number of Homes Sold

Mar 2022Apr 2022%
126-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tallapoosa, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
3 Days44 Days+1225.0%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tallapoosa, GA

Tallapoosa, GA has 26 homes on the market. The number of listings in Tallapoosa, GA decreased by 13.3% between March 2022 and April 2022. Listings spent 44 days on the market in April 2022, and had a median list price of $210,000 during the same period. Real estate listing prices changed between March 2022 and April 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 34%, the cost of 3 bedrooms properties went up by 25.4%, the cost of 4 bedrooms properties went up by 38.4%, 5 bedrooms properties became 20.5% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 16.7%, 3 bedrooms homes became 27.8% less available, 4 bedrooms homes became 33.3% more available, volume of 5 bedrooms homes went up by 33.3%. In April 2022 more than 2 listings in Tallapoosa, GA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 2 were sold below.