Is West Jackson, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Jackson is a buyer's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

West Jackson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Jackson, GA

How much do homes in West Jackson, GA cost?

Median Sold Price

$448,179

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$18,246(+4.2%)

Key Takeaway

Homes in West Jackson have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in West Jackson was $448,179 in June 2024, up 4.2% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $105K$2.8M
+2647.4%
2 $499K$497.2K
-0.4%
3 $360K$349.9K
-2.8%
4 $434.4K$446K
+2.7%
5+ $532.9K$577.5K
+8.4%

Summary: West Jackson housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2647.4%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Cities

Hoschton
+6.3%
Braselton
+6.0%
Braselton
+5.3%
West Jackson
+4.2%
Pendergrass
-0.3%

Housing Supply in West Jackson, GA

How many homes are available in West Jackson, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
376419+11.4%

Summary: The West Jackson real estate market had 419 homes for sale in June 2024, a 11.4% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 59
+80.0%
3 6384
+33.3%
4 172175
+1.7%
5+ 136151
+11.0%

Summary: The West Jackson housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 11%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7851-34.6%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Jackson, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in West Jackson in June 2024, down by 34.6% month-over-month. Of the 50 sold homes, 52% were sold under asking, 30% were sold at asking, and 18% were sold over asking.

Days on Market for West Jackson, GA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
38 Days38 Days+0.7%

Summary: Homes in West Jackson had an average of 38 days on market in Jun 2024, up by 0.7% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 51 homes were sold in West Jackson; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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 26 Days Ago

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