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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Temple is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Temple was a Seller's Market.

Key Takeaway

Temple is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Temple, GA

How much do homes in Temple, GA cost?

Median Sold Price

$288,500

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$3,500(+1.2%)

Key Takeaway

Homes in Temple have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Temple was $288,500 in September 2024, up 1.2% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $93K-
N/A
2 $185K$219.9K
+18.9%
3 $261K$275K
+5.4%
4 $315K$305K
-3.2%
5+ $354.3K$399K
+12.6%

Summary: Temple 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 increased by 18.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 12.6%.

Housing Supply in Temple, GA

How many homes are available in Temple, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
128148+15.6%

Summary: The Temple real estate market had 148 homes for sale in September 2024, a 15.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 6070
+16.7%
4 5662
+10.7%
5+ 1014
+40.0%

Summary: The Temple 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
921+133.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Temple, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Temple in September 2024, up by 133.3% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% 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

Sep 2023Sep 2024CHANGE
20 Days47 Days+129.4%

Summary: Homes in Temple had an average of 47 days on market in Sep 2024, up by 129.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 21 homes were sold in Temple; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 Sep 1, 2024

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