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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trenton is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Trenton, GA

How much do homes in Trenton, GA cost?

Median Sold Price

$251,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,750(+2.8%)

Key Takeaway

Homes in Trenton have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Trenton was $251,000 in March 2024, up 2.8% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $72K$128K
+77.8%
2 $134K$93.6K
-30.1%
3 $235.5K$245K
+4.0%
4 $294.9K$375K
+27.2%
5+ $245K-
N/A

Summary: Trenton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.8%, 2 bedroom homes decreased by 30.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes did not change.

Housing Supply in Trenton, GA

How many homes are available in Trenton, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
39390.0%

Summary: The Trenton real estate market had 39 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 2628
+7.7%
4 77
0.0%
5+ 00
0.0%

Summary: The Trenton 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 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trenton, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Trenton in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.

Days on Market for Trenton, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
19 Days92 Days+371.8%

Summary: Homes in Trenton had an average of 92 days on market in Mar 2024, up by 371.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Trenton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 11 homes were sold in Trenton; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% 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 25 Days Ago

Newest Listings in Trenton, GA

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