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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Point is a buyer's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in West Point, GA cost?

Median Sold Price

$241,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$51,100(+26.9%)

Key Takeaway

Homes in West Point have sold for 26.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $539.9K-
N/A
2 $129.7K$65K
-49.9%
3 $162.5K$176.7K
+8.8%
4 $229.9K$268.2K
+16.7%
5+ $300.1K$390K
+29.9%

Median Sold Price Compared To Nearby Cities

West Point
+26.9%
Lanett
0.0%
Valley
-2.3%

How many homes are available in West Point, GA?

Number of Homes For Sale

Aug 2022Sep 2022%
1810-44.4%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 11
0.0%
3 115
-54.5%
4 42
-50.0%
5+ 22
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
81-87.5%

Asking Price vs. Sold Price

1 Home Was 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 West Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
34 Days5 Days-85.6%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About West Point, GA

Homes for sale in West Point, GA have reached 10. The number of listings in West Point, GA decreased by 44.4% between August 2022 and September 2022. Listings spent 5 days on the market in September 2022, and had a median list price of $241,000 during the same period. This housing market listing prices have changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went down by 49.9%, prices of 3 bedrooms properties increased by 8.8%, prices of 4 bedrooms properties increased by 16.7%, prices of 5 bedrooms properties increased by 29.9%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, number of 3 bedrooms homes decreased by 54.5%, 4 bedrooms homes became 50% less available, 5 bedrooms homes inventory did not change. In September 2022, from all listings sold in West Point, GA there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.

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