Is Rising Fawn, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rising Fawn is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Rising Fawn, GA

How much do homes in Rising Fawn, GA cost?

Median Sold Price

$405,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$70,000(+20.9%)

Key Takeaway

Homes in Rising Fawn have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Rising Fawn was $405,000 in April 2024, up 20.9% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $212K$240K
+13.2%
2 $147K$257.5K
+75.2%
3 $355K$435K
+22.5%
4 $490K$1.0M
+117.3%
5+ $860K$145K
-83.1%

Summary: Rising Fawn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 75.2%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 117.3%, and 5+ bedroom homes decreased by 83.1%.

Median Sold Price Compared To Nearby Cities

Rising Fawn
+20.9%
Lookout Mountain
+11.3%
Flintstone
+8.8%

Housing Supply in Rising Fawn, GA

How many homes are available in Rising Fawn, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2725-7.4%

Summary: The Rising Fawn real estate market had 25 homes for sale in April 2024, a 7.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1512
-20.0%
4 47
+75.0%
5+ 44
0.0%

Summary: The Rising Fawn 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

6 Homes Were 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 Rising Fawn, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Rising Fawn in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rising Fawn, GA

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Rising Fawn; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 15 Days Ago

Newest Listings in Rising Fawn, GA

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