Is Chickamauga, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chickamauga is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Chickamauga has remained a Seller's Market.

Key Takeaway

Chickamauga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chickamauga, GA

How much do homes in Chickamauga, GA cost?

Median Sold Price

$250,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,000(+13.1%)

Key Takeaway

Homes in Chickamauga have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Chickamauga was $250,000 in April 2024, up 13.1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $83.1K$600K
+622.0%
2 $155K$148.6K
-4.1%
3 $218K$250K
+14.7%
4 $365.5K$356.2K
-2.5%
5+ $340K$441.7K
+29.9%

Summary: Chickamauga housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 622%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 29.9%.

Median Sold Price Compared To Nearby Cities

Fort Oglethorpe-Lakeview
+16.9%
Chickamauga
+13.1%
Boynton Ridge
+10.5%
Rossville-Beverly Hills
+1.9%

Housing Supply in Chickamauga, GA

How many homes are available in Chickamauga, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
72720.0%

Summary: The Chickamauga real estate market had 72 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 810
+25.0%
3 3737
0.0%
4 2421
-12.5%
5+ 33
0.0%

Summary: The Chickamauga 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chickamauga, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Chickamauga in April 2024, down by 15.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% were sold over asking.

Days on Market for Chickamauga, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days8 Days-80.2%

Summary: Homes in Chickamauga had an average of 8 days on market in Apr 2024, down by 80.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Chickamauga are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in Chickamauga; 13% of homes were sold within 30 days, 0% 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 18 Days Ago

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