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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockmart is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Rockmart, GA

How much do homes in Rockmart, GA cost?

Median Sold Price

$264,950

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,450(+9.3%)

Key Takeaway

Homes in Rockmart have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Rockmart was $264,950 in April 2024, up 9.3% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $89K$93K
+4.5%
2 $140K$168K
+20.0%
3 $245K$264.7K
+8.0%
4 $274.5K$318.7K
+16.1%
5+ $330K$360K
+9.1%

Summary: Rockmart housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 9.1%.

Housing Supply in Rockmart, GA

How many homes are available in Rockmart, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
118143+21.2%

Summary: The Rockmart real estate market had 143 homes for sale in April 2024, a 21.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1217
+41.7%
3 7679
+3.9%
4 2132
+52.4%
5+ 915
+66.7%

Summary: The Rockmart 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 increased by 41.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 52.4%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2630+15.4%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockmart, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Rockmart in April 2024, up by 15.4% month-over-month. Of the 30 sold homes, 53% were sold under asking, 30% were sold at asking, and 17% were sold over asking.

Days on Market for Rockmart, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days49 Days+39.8%

Summary: Homes in Rockmart had an average of 49 days on market in Apr 2024, up by 39.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 30 homes were sold in Rockmart; 50% of homes were sold within 30 days, 33% 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

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