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 seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in West Jackson, GA

How much do homes in West Jackson, GA cost?

Median Sold Price

$444,655

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,765(+1.1%)

Key Takeaway

Homes in West Jackson have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in West Jackson was $444,655 in March 2024, up 1.1% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $105K-
N/A
2 $520K$522.6K
0.5%
3 $373.5K$346K
-7.4%
4 $437.8K$440K
0.5%
5+ $563K$581.2K
+3.2%

Summary: West Jackson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Cities

Braselton
+6.4%
Hoschton
+3.3%
Braselton
+3.2%
West Jackson
+1.1%
Pendergrass
-2.0%

Housing Supply in West Jackson, GA

How many homes are available in West Jackson, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
299321+7.4%

Summary: The West Jackson real estate market had 321 homes for sale in March 2024, a 7.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 910
+11.1%
3 6871
+4.4%
4 155152
-1.9%
5+ 6687
+31.8%

Summary: The West Jackson 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 increased by 11.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 31.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6376+20.6%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Jackson, expect to pay close to the asking price. 42.7% of homes here sold near the asking price last month.

Summary: A total of 76 homes were sold or pending in West Jackson in March 2024, up by 20.6% month-over-month. Of the 75 sold homes, 39% were sold under asking, 43% were sold at asking, and 19% 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

Mar 2023Mar 2024CHANGE
53 Days51 Days-3.1%

Summary: Homes in West Jackson had an average of 51 days on market in Mar 2024, down by 3.1% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

16 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 March 2024, 76 homes were sold in West Jackson; 45% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 21% 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 24 Days Ago

Newest Listings in West Jackson, GA

Nearby Markets to West Jackson, GA

What housing markets are near West Jackson, GA?