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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nelson is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Nelson was a Neutral Market.

Key Takeaway

Nelson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Nelson, GA

How much do homes in Nelson, GA cost?

Median Sold Price

$502,000

$202/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$143,000(+39.8%)

Key Takeaway

Homes in Nelson have sold for 39.8% more than they did a month ago.

Summary: The median home sold price in Nelson was $502,000 in April 2024, up 39.8% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K-
N/A
4 -$502K
N/A
5+ $408K-
N/A

Summary: Nelson housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nelson, GA

How many homes are available in Nelson, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
119-18.2%

Summary: The Nelson real estate market had 9 homes for sale in April 2024, a 18.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 22
0.0%
5+ 21
-50.0%

Summary: The Nelson 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nelson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Nelson in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Nelson, GA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
38 Days2 Days-94.7%

Summary: Homes in Nelson had an average of 2 days on market in Apr 2024, down by 94.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Nelson; 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.

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 Nelson, GA

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