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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tennille is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Tennille was a Buyer's Market.

Key Takeaway

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

Housing Prices in Tennille, GA

How much do homes in Tennille, GA cost?

Median Sold Price

$368,000

$265/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$22,350(+6.5%)

Key Takeaway

Homes in Tennille have sold for 6.5% more than they did a month ago.

Summary: The median home sold price in Tennille was $368,000 in November 2024, up 6.5% from last month, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$396.5K
N/A
3 $345.6K$200K
-42.1%
4 --
N/A
5+ --
N/A

Summary: Tennille housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 42.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Tennille, GA

How many homes are available in Tennille, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Tennille real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 98
-11.1%
4 22
0.0%
5+ 00
0.0%

Summary: The Tennille housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tennille, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Tennille in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Tennille, GA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
64 Days73 Days+14.2%

Summary: Homes in Tennille had an average of 73 days on market in Nov 2024, up by 14.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tennille has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Tennille; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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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