Is Cedartown, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cedartown was a Buyer's Market.
Housing Prices in Cedartown, GA
How much do homes in Cedartown, GA cost?
Median Sold Price
$225,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cedartown was $225,000 in April 2024, up 17.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55.2K | $110K | +99.1% |
2 Bedrooms | $170K | $135K | -20.6% |
3 Bedrooms | $189K | $225K | +19.0% |
4 Bedrooms | $242K | $267K | +10.3% |
5+ Bedrooms | $404.5K | $292K | -27.8% |
Summary: Cedartown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.1%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 27.8%.
Housing Supply in Cedartown, GA
How many homes are available in Cedartown, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 116 | +2.7% |
Summary: The Cedartown real estate market had 116 homes for sale in April 2024, a 2.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 62 | 59 | -4.8% |
4 Bedrooms | 29 | 33 | +13.8% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Cedartown 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 increased by 5.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 19 | -26.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Cedartown in April 2024, down by 26.9% month-over-month. Of the 18 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Cedartown, GA
How long does it take to sell a home in Cedartown, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 52 Days | +250.0% |
Summary: Homes in Cedartown had an average of 52 days on market in Apr 2024, up by 250% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Cedartown; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.