Is Dahlonega, 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, Dahlonega has remained a Seller's Market.
Key Takeaway
Dahlonega is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dahlonega, GA
How much do homes in Dahlonega, GA cost?
Median Sold Price
$367,990
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Dahlonega has remained the same since last year.
Summary: The median home sold price in Dahlonega was $367,990 in April 2024, down 0.4% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $274.9K | $225K | -18.2% |
| 2 Bedrooms | $247K | $280K | +13.4% |
| 3 Bedrooms | $327K | $340K | +4.0% |
| 4 Bedrooms | $437K | $436.5K | -0.1% |
| 5+ Bedrooms | $700K | $645K | -7.9% |
Summary: Dahlonega housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
| Three Sisters Mountain | $365K | $368K | +0.8% |
| Dahlonega | $369.5K | $367.9K | -0.4% |
Housing Supply in Dahlonega, GA
How many homes are available in Dahlonega, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 140 | 168 | +20.0% |
Summary: The Dahlonega real estate market had 168 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 16 | +33.3% |
| 3 Bedrooms | 69 | 87 | +26.1% |
| 4 Bedrooms | 42 | 47 | +11.9% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Dahlonega 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 33.3%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 32 | +18.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dahlonega, expect to pay close to the asking price. 62.1% of homes here sold near the asking price last month.
Summary: A total of 32 homes were sold or pending in Dahlonega in April 2024, up by 18.5% month-over-month. Of the 29 sold homes, 28% were sold under asking, 62% were sold at asking, and 10% were sold over asking.
Days on Market for Dahlonega, GA
How long does it take to sell a home in Dahlonega, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 33 Days | +0.7% |
Summary: Homes in Dahlonega had an average of 33 days on market in Apr 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dahlonega are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 32 homes were sold in Dahlonega; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.