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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Whitfield is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

West Whitfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in West Whitfield, GA

How much do homes in West Whitfield, GA cost?

Median Sold Price

$267,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,000(+11.3%)

Key Takeaway

Homes in West Whitfield have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in West Whitfield was $267,000 in March 2024, up 11.3% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$165K
N/A
2 $154K$175K
+13.6%
3 $230K$240K
+4.3%
4 $287K$390K
+35.9%
5+ $820K$406.8K
-50.4%

Summary: West Whitfield 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 13.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes decreased by 50.4%.

Median Sold Price Compared To Nearby Cities

Rocky Face
+23.2%
Dalton
+11.9%
West Whitfield
+11.3%
Tunnel Hill
-1.1%

Housing Supply in West Whitfield, GA

How many homes are available in West Whitfield, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5346-13.2%

Summary: The West Whitfield real estate market had 46 homes for sale in March 2024, a 13.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 2621
-19.2%
4 1012
+20.0%
5+ 108
-20.0%

Summary: The West Whitfield 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 decreased by 28.6%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

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

Summary: A total of 7 homes were sold or pending in West Whitfield in March 2024, down by 41.7% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Whitfield, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
24 Days48 Days+95.9%

Summary: Homes in West Whitfield had an average of 48 days on market in Mar 2024, up by 95.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 West Whitfield has remained consistent over time.

Summary: During March 2024, 7 homes were sold in West Whitfield; 0% of homes were sold within 30 days, 14% 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 19 Days Ago

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