Is Hapeville, 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, Hapeville was a Neutral Market.
Key Takeaway
Hapeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hapeville, GA
How much do homes in Hapeville, GA cost?
Median Sold Price
$302,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hapeville have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Hapeville was $302,000 in April 2024, down 2.3% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $192.4K | 0% |
| 2 Bedrooms | $230K | $243.5K | +5.9% |
| 3 Bedrooms | $335K | $325K | -3.0% |
| 4 Bedrooms | $422K | $457.5K | +8.4% |
| 5+ Bedrooms | $430.7K | $375K | -12.9% |
Summary: Hapeville 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 5.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Atlanta | $400.1K | $420.1K | +5.0% |
| East Point | $291.7K | $296.1K | +1.5% |
| Hapeville | $309K | $302K | -2.3% |
Housing Supply in Hapeville, GA
How many homes are available in Hapeville, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 51 | 54 | +5.9% |
Summary: The Hapeville real estate market had 54 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Hapeville 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 decreased by 18.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hapeville, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Hapeville in April 2024, up by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Hapeville, GA
How long does it take to sell a home in Hapeville, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 50 Days | +53.3% |
Summary: Homes in Hapeville had an average of 50 days on market in Apr 2024, up by 53.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hapeville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Hapeville; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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.