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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Temple is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Temple, GA

How much do homes in Temple, GA cost?

Median Sold Price

$285,000

$175/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in Temple has remained the same since last year.

Summary: The median home sold price in Temple was $285,000 in April 2024, the same as last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $156K-
N/A
2 $185K$219.9K
+18.9%
3 $260K$266K
+2.3%
4 $315K$314K
-0.3%
5+ $317.5K$361K
+13.7%

Summary: Temple housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 13.7%.

Housing Supply in Temple, GA

How many homes are available in Temple, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
119136+14.3%

Summary: The Temple real estate market had 136 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 6266
+6.5%
4 4561
+35.6%
5+ 98
-11.1%

Summary: The Temple 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 66.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 35.6%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3226-18.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Temple, expect to pay close to the asking price. 48% of homes here sold near the asking price last month.

Summary: A total of 26 homes were sold or pending in Temple in April 2024, down by 18.8% month-over-month. Of the 25 sold homes, 20% were sold under asking, 48% were sold at asking, and 32% were sold over asking.

Days on Market for Temple, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days29 Days-36.6%

Summary: Homes in Temple had an average of 29 days on market in Apr 2024, down by 36.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 26 homes were sold in Temple; 73% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 12% 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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