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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trion is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Trion is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Trion, GA

How much do homes in Trion, GA cost?

Median Sold Price

$153,800

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$3,900(+2.6%)

Key Takeaway

Homes in Trion have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Trion was $153,800 in February 2024, up 2.6% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $120K$83K
-30.8%
2 $120K$118K
-1.7%
3 $178.5K$182.5K
+2.2%
4 $215K$213K
-0.9%
5+ -$269.9K
N/A

Summary: Trion housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes did not change.

Housing Supply in Trion, GA

How many homes are available in Trion, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2320-13.0%

Summary: The Trion real estate market had 20 homes for sale in February 2024, a 13.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1210
-16.7%
4 33
0.0%
5+ 22
0.0%

Summary: The Trion housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trion, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Trion in February 2024, down by 25.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Trion, GA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
29 Days70 Days+143.7%

Summary: Homes in Trion had an average of 70 days on market in Feb 2024, up by 143.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 3 homes were sold in Trion; 33% of homes were sold within 30 days, 33% 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 28 Days Ago

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