Is Hogansville, 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, Hogansville has remained a Seller's Market.
Key Takeaway
Hogansville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hogansville, GA
How much do homes in Hogansville, GA cost?
Median Sold Price
$241,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hogansville have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Hogansville was $241,000 in April 2024, down 3.2% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74K | $50K | -32.4% |
| 2 Bedrooms | $103.5K | $124.5K | +20.3% |
| 3 Bedrooms | $219.9K | $230K | +4.6% |
| 4 Bedrooms | $267K | $338.5K | +26.8% |
| 5+ Bedrooms | $320K | $205K | -35.9% |
Summary: Hogansville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.4%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes decreased by 35.9%.
Housing Supply in Hogansville, GA
How many homes are available in Hogansville, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 53 | +6.0% |
Summary: The Hogansville real estate market had 53 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 25 | 28 | +12.0% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hogansville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hogansville, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Hogansville in April 2024, up by 15.4% month-over-month. Of the 14 sold homes, 21% were sold under asking, 43% were sold at asking, and 36% were sold over asking.
Days on Market for Hogansville, GA
How long does it take to sell a home in Hogansville, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 21 Days | +78.6% |
Summary: Homes in Hogansville had an average of 21 days on market in Apr 2024, up by 78.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hogansville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Hogansville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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