Is Rossville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rossville has remained a Seller's Market.
Housing Prices in Rossville, GA
How much do homes in Rossville, GA cost?
Median Sold Price
$227,958
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rossville was $227,958 in April 2024, up 16.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124K | $92.5K | -25.4% |
2 Bedrooms | $165K | $170K | +3.0% |
3 Bedrooms | $199.9K | $230K | +15.1% |
4 Bedrooms | $230K | $305.7K | +32.9% |
5+ Bedrooms | $225K | $347.4K | +54.4% |
Summary: Rossville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.4%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 54.4%.
Median Sold Price Compared To Nearby Cities
Chattanooga Valley | $195K | $247K | +26.7% |
Rossville | $195K | $227.9K | +16.9% |
East Ridge | $241.1K | $266.1K | +10.4% |
Chattanooga | $314.5K | $327.2K | +4.0% |
Rossville-Beverly Hills | $182.5K | $186K | +1.9% |
Housing Supply in Rossville, GA
How many homes are available in Rossville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
215 | 224 | +4.2% |
Summary: The Rossville real estate market had 224 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 46 | 41 | -10.9% |
3 Bedrooms | 105 | 130 | +23.8% |
4 Bedrooms | 43 | 33 | -23.3% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Rossville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 56 | +24.4% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Rossville in April 2024, up by 24.4% month-over-month. Of the 56 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for Rossville, GA
How long does it take to sell a home in Rossville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 33 Days | +223.6% |
Summary: Homes in Rossville had an average of 33 days on market in Apr 2024, up by 223.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 56 homes were sold in Rossville; 14% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.