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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thalmann is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Thalmann, GA

How much do homes in Thalmann, GA cost?

Median Sold Price

$377,727

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,442(-2.7%)

Key Takeaway

Homes in Thalmann have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Thalmann was $377,727 in April 2024, down 2.7% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $289K$379.9K
+31.5%
3 $353.2K$310K
-12.2%
4 $403K$385.7K
-4.3%
5+ $491.9K$467.3K
-5.0%

Summary: Thalmann 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 31.5%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities

Everett
+7.9%
Waynesville
+4.9%
Brunswick
+1.6%
Thalmann
-2.7%

Housing Supply in Thalmann, GA

How many homes are available in Thalmann, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2632+23.1%

Summary: The Thalmann real estate market had 32 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1522
+46.7%
4 109
-10.0%
5+ 11
0.0%

Summary: The Thalmann 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 remained the same, 3 bedroom homes increased by 46.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

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 Thalmann, 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 Thalmann in April 2024, the same as the previous 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 Thalmann, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days19 Days-35.5%

Summary: Homes in Thalmann had an average of 19 days on market in Apr 2024, down by 35.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Thalmann; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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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