Is Sautee Nacoochee, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sautee Nacoochee is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Sautee Nacoochee, GA

How much do homes in Sautee Nacoochee, GA cost?

Median Sold Price

$382,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,000(+1.9%)

Key Takeaway

Homes in Sautee Nacoochee have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Sautee Nacoochee was $382,000 in April 2024, up 1.9% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $207.5K$229.5K
+10.6%
2 $255K$287.4K
+12.7%
3 $362.5K$372K
+2.6%
4 $420K$477.5K
+13.7%
5+ $716K$447K
-37.6%

Summary: Sautee Nacoochee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 37.6%.

Median Sold Price Compared To Nearby Cities

Macedonia
+16.8%
Helen
+10.0%
Sautee Nacoochee
+1.9%

Housing Supply in Sautee Nacoochee, GA

How many homes are available in Sautee Nacoochee, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4044+10.0%

Summary: The Sautee Nacoochee real estate market had 44 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 24
+100.0%
2 99
0.0%
3 1818
0.0%
4 45
+25.0%
5+ 78
+14.3%

Summary: The Sautee Nacoochee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sautee Nacoochee, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Sautee Nacoochee in April 2024, up by 83.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.

Days on Market for Sautee Nacoochee, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days46 Days+78.0%

Summary: Homes in Sautee Nacoochee had an average of 46 days on market in Apr 2024, up by 78% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 11 homes were sold in Sautee Nacoochee; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% 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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