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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waleska is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Waleska, GA

How much do homes in Waleska, GA cost?

Median Sold Price

$428,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,100(+2.7%)

Key Takeaway

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

Summary: The median home sold price in Waleska was $428,000 in April 2024, up 2.7% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$650K
N/A
2 $317.2K$328K
+3.4%
3 $372K$415K
+11.6%
4 $450K$462K
+2.7%
5+ $545K$525K
-3.7%

Summary: Waleska 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 increased by 3.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 3.7%.

Housing Supply in Waleska, GA

How many homes are available in Waleska, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
102108+5.9%

Summary: The Waleska real estate market had 108 homes for sale in April 2024, a 5.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 914
+55.6%
3 4538
-15.6%
4 3948
+23.1%
5+ 98
-11.1%

Summary: The Waleska 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 increased by 55.6%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2024+20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waleska, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Waleska in April 2024, up by 20.0% month-over-month. Of the 24 sold homes, 29% were sold under asking, 25% were sold at asking, and 46% were sold over asking.

Days on Market for Waleska, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days39 Days+39.7%

Summary: Homes in Waleska had an average of 39 days on market in Apr 2024, up by 39.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 24 homes were sold in Waleska; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 4 Days Ago

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