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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Turin is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Turin, GA

How much do homes in Turin, GA cost?

Median Sold Price

$565,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$15,000(+2.7%)

Key Takeaway

Homes in Turin have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Turin was $565,000 in May 2024, up 2.7% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 --
N/A
3 $275K$423.7K
+54.1%
4 $615K$850K
+38.2%
5+ -$622K
N/A

Summary: Turin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 54.1%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes did not change.

Housing Supply in Turin, GA

How many homes are available in Turin, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
23+50.0%

Summary: The Turin real estate market had 3 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The Turin housing inventory by bedroom type for May 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 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 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 Turin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Turin in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Turin, GA

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

Average Sale Time

May 2023May 2024CHANGE
16 Days63 Days+293.8%

Summary: Homes in Turin had an average of 63 days on market in May 2024, up by 293.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Turin; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Turin, GA

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