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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hoschton is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Hoschton, GA

How much do homes in Hoschton, GA cost?

Median Sold Price

$478,570

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,670(+2.9%)

Key Takeaway

Homes in Hoschton have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Hoschton was $478,570 in April 2024, up 2.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $466.9K$475K
+1.7%
3 $395K$400K
+1.3%
4 $417.5K$465K
+11.4%
5+ $584.4K$586K
0.3%

Summary: Hoschton 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 1.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Cities

Braselton
+3.6%
Hoschton
+2.9%
Braselton
+1.3%
West Jackson
0.0%

Housing Supply in Hoschton, GA

How many homes are available in Hoschton, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
297293-1.3%

Summary: The Hoschton real estate market had 293 homes for sale in April 2024, a 1.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2017
-15.0%
3 7367
-8.2%
4 118119
+0.8%
5+ 8690
+4.7%

Summary: The Hoschton 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 15%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 4.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
8254-34.1%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoschton, you may be able to get a good deal. 45.1% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in Hoschton in April 2024, down by 34.1% month-over-month. Of the 51 sold homes, 45% were sold under asking, 45% were sold at asking, and 10% were sold over asking.

Days on Market for Hoschton, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days49 Days+11.6%

Summary: Homes in Hoschton had an average of 49 days on market in Apr 2024, up by 11.6% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hoschton are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 54 homes were sold in Hoschton; 57% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 20% 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 14 Days Ago

Newest Listings in Hoschton, GA

Nearby Markets to Hoschton, GA

What housing markets are near Hoschton, GA?