Is North Whitfield, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Whitfield is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, North Whitfield was a Seller's Market.

Key Takeaway

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

Housing Prices in North Whitfield, GA

How much do homes in North Whitfield, GA cost?

Median Sold Price

$349,900

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$64,900(+22.8%)

Key Takeaway

Homes in North Whitfield have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in North Whitfield was $349,900 in April 2024, up 22.8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $155K$35K
-77.4%
2 $136K$204K
+50.0%
3 $240K$285K
+18.8%
4 $377.5K$435K
+15.2%
5+ $417K$610K
+46.3%

Summary: North Whitfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 46.3%.

Median Sold Price Compared To Nearby Cities

Cohutta
+86.4%
North Whitfield
+22.8%

Housing Supply in North Whitfield, GA

How many homes are available in North Whitfield, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4947-4.1%

Summary: The North Whitfield real estate market had 47 homes for sale in April 2024, a 4.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 2931
+6.9%
4 1312
-7.7%
5+ 21
-50.0%

Summary: The North Whitfield 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 40%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Whitfield, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in North Whitfield in April 2024, down by 61.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for North Whitfield, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
81 Days78 Days-4.2%

Summary: Homes in North Whitfield had an average of 78 days on market in Apr 2024, down by 4.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Whitfield has remained consistent over time.

Summary: During April 2024, 5 homes were sold in North Whitfield; 0% of homes were sold within 30 days, 20% 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

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