Is Ball Ground, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ball Ground has remained a Seller's Market.
Housing Prices in Ball Ground, GA
How much do homes in Ball Ground, GA cost?
Median Sold Price
$460,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ball Ground was $460,000 in April 2024, up 18.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157K | - | N/A |
2 Bedrooms | $321K | $268.9K | -16.2% |
3 Bedrooms | $348K | $389.9K | +12.0% |
4 Bedrooms | $477.5K | $502K | +5.1% |
5+ Bedrooms | $565K | $675K | +19.5% |
Summary: Ball Ground 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 decreased by 16.2%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 19.5%.
Housing Supply in Ball Ground, GA
How many homes are available in Ball Ground, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
138 | 161 | +16.7% |
Summary: The Ball Ground real estate market had 161 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 2 | -60.0% |
3 Bedrooms | 47 | 57 | +21.3% |
4 Bedrooms | 63 | 64 | +1.6% |
5+ Bedrooms | 22 | 36 | +63.6% |
Summary: The Ball Ground housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 63.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 31 | +14.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Ball Ground in April 2024, up by 14.8% month-over-month. Of the 28 sold homes, 39% were sold under asking, 39% were sold at asking, and 21% were sold over asking.
Days on Market for Ball Ground, GA
How long does it take to sell a home in Ball Ground, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 52 Days | +6.5% |
Summary: Homes in Ball Ground had an average of 52 days on market in Apr 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Ball Ground; 58% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.