Is Gillsville, 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, Gillsville has remained a Seller's Market.
Housing Prices in Gillsville, GA
How much do homes in Gillsville, GA cost?
Median Sold Price
$310,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gillsville was $310,000 in April 2024, up 27.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $122.5K | $162.5K | +32.7% |
3 Bedrooms | $243.5K | $289K | +18.7% |
4 Bedrooms | $309K | $340K | +10.0% |
5+ Bedrooms | - | $340K | N/A |
Summary: Gillsville 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 increased by 32.7%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.
Housing Supply in Gillsville, GA
How many homes are available in Gillsville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 18 | -21.7% |
Summary: The Gillsville real estate market had 18 homes for sale in April 2024, a 21.7% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 16 | 13 | -18.8% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gillsville 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 remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Gillsville in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Gillsville, GA
How long does it take to sell a home in Gillsville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 11 Days | -23.2% |
Summary: Homes in Gillsville had an average of 11 days on market in Apr 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Gillsville; 100% 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.