Is Temple, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Temple has remained a Seller's Market.
Key Takeaway
Temple is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Temple, GA
How much do homes in Temple, GA cost?
Median Sold Price
$285,000
$171/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in Temple has remained the same since last year.
Summary: The median home sold price in Temple was $285,000 in March 2024, the same as last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | - | N/A |
| 2 Bedrooms | $191.9K | $193.5K | +0.8% |
| 3 Bedrooms | $260.9K | $265K | +1.6% |
| 4 Bedrooms | $315K | $315K | 0.0% |
| 5+ Bedrooms | $317.5K | $361K | +13.7% |
Summary: Temple housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 13.7%.
Housing Supply in Temple, GA
How many homes are available in Temple, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 100 | 130 | +30.0% |
Summary: The Temple real estate market had 130 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 56 | 67 | +19.6% |
| 4 Bedrooms | 32 | 50 | +56.3% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Temple 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 decreased by 25%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 31 | +34.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Temple, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Temple in March 2024, up by 34.8% month-over-month. Of the 30 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Temple, GA
How long does it take to sell a home in Temple, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 41 Days | +3.1% |
Summary: Homes in Temple had an average of 41 days on market in Mar 2024, up by 3.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Temple are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 31 homes were sold in Temple; 61% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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