Is Mineral Bluff, 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, Mineral Bluff was a Neutral Market.
Key Takeaway
Mineral Bluff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mineral Bluff, GA
How much do homes in Mineral Bluff, GA cost?
Median Sold Price
$585,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Mineral Bluff has remained the same since last year.
Summary: The median home sold price in Mineral Bluff was $585,000 in April 2024, up 0.1% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $194.9K | $400K | +105.2% |
| 2 Bedrooms | $409K | $425K | +3.9% |
| 3 Bedrooms | $580K | $599K | +3.3% |
| 4 Bedrooms | $740K | $1.0M | +39.5% |
| 5+ Bedrooms | $552K | $868.1K | +57.3% |
Summary: Mineral Bluff housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 105.2%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes increased by 57.3%.
Median Sold Price Compared To Nearby Cities
| Hothouse Township | $323.2K | $364.5K | +12.8% |
| Notla Township | $283K | $315.5K | +11.5% |
| Ivylog | $375K | $406K | +8.3% |
| Mineral Bluff | $584.5K | $585K | 0.1% |
Housing Supply in Mineral Bluff, GA
How many homes are available in Mineral Bluff, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 153 | 214 | +39.9% |
Summary: The Mineral Bluff real estate market had 214 homes for sale in April 2024, a 39.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 17 | 29 | +70.6% |
| 3 Bedrooms | 65 | 100 | +53.8% |
| 4 Bedrooms | 59 | 69 | +16.9% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Mineral Bluff housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 70.6%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 13 | +550.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mineral Bluff, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Mineral Bluff in April 2024, up by 550.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.
Days on Market for Mineral Bluff, GA
How long does it take to sell a home in Mineral Bluff, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 66 Days | +117.4% |
Summary: Homes in Mineral Bluff had an average of 66 days on market in Apr 2024, up by 117.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mineral Bluff are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Mineral Bluff; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.