Is Thomas Square, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Thomas Square has remained a Seller's Market.
Key Takeaway
Thomas Square is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thomas Square, GA
How much do homes in Thomas Square, GA cost?
Median Sold Price
$538,100
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Thomas Square have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Thomas Square was $538,100 in April 2024, up 10.9% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258K | - | N/A |
| 2 Bedrooms | $415K | $365K | -12.0% |
| 3 Bedrooms | $500K | $538.1K | +7.6% |
| 4 Bedrooms | $805K | $635K | -21.1% |
| 5+ Bedrooms | $665K | $707.5K | +6.4% |
Summary: Thomas Square housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Ardsley Park / Chatham Crescent | $633K | $729.7K | +15.3% |
| Midtown | $344.5K | $395.4K | +14.8% |
| Thomas Square | $485K | $538.1K | +10.9% |
Housing Supply in Thomas Square, GA
How many homes are available in Thomas Square, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Thomas Square real estate market had 15 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Thomas Square housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 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 Thomas Square, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Thomas Square in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Thomas Square, GA
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thomas Square are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Thomas Square; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
