Is Chattahoochee Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chattahoochee Hills is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Chattahoochee Hills has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Chattahoochee Hills, GA

How much do homes in Chattahoochee Hills, GA cost?

Median Sold Price

$859,500

$409/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$207,000(+31.7%)

Key Takeaway

Homes in Chattahoochee Hills have sold for 31.7% more than they did a year ago.

Summary: The median home sold price in Chattahoochee Hills was $859,500 in April 2024, up 31.7% from last year, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $505K$1.0M
+98.0%
2 $699K$684.5K
-2.1%
3 $570K$860K
+50.9%
4 $572.5K$1.0M
+74.7%
5+ $1.2M$1.4M
+17.1%

Summary: Chattahoochee Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 50.9%, 4 bedroom homes increased by 74.7%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Cities

Chattahoochee Hills
+31.7%
Fairplay
+16.0%
Palmetto
+12.3%
Bill Arp
+1.8%

Housing Supply in Chattahoochee Hills, GA

How many homes are available in Chattahoochee Hills, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5361+15.1%

Summary: The Chattahoochee Hills real estate market had 61 homes for sale in April 2024, a 15.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1518
+20.0%
3 1422
+57.1%
4 1816
-11.1%
5+ 54
-20.0%

Summary: The Chattahoochee Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chattahoochee Hills, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Chattahoochee Hills in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Chattahoochee Hills, GA

How long does it take to sell a home in Chattahoochee Hills, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days31 Days+99.1%

Summary: Homes in Chattahoochee Hills had an average of 31 days on market in Apr 2024, up by 99.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Chattahoochee Hills; 57% of homes were sold within 30 days, 43% 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 2 Days Ago

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