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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Toccoa is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Toccoa, GA

How much do homes in Toccoa, GA cost?

Median Sold Price

$214,500

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+16.3%)

Key Takeaway

Homes in Toccoa have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in Toccoa was $214,500 in April 2024, up 16.3% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $85K$144K
+69.4%
2 $131.2K$150K
+14.3%
3 $186K$225K
+21.0%
4 $239K$335K
+40.2%
5+ $370K$540K
+45.9%

Summary: Toccoa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 40.2%, and 5+ bedroom homes increased by 45.9%.

Median Sold Price Compared To Nearby Cities

Rock Creek
+45.3%
Eastanollee
+30.2%
Toccoa
+16.3%
Martin-Avalon
+13.3%

Housing Supply in Toccoa, GA

How many homes are available in Toccoa, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
117129+10.3%

Summary: The Toccoa real estate market had 129 homes for sale in April 2024, a 10.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2431
+29.2%
3 6258
-6.5%
4 2533
+32.0%
5+ 67
+16.7%

Summary: The Toccoa 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 29.2%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2124+14.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Toccoa, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Toccoa in April 2024, up by 14.3% month-over-month. Of the 23 sold homes, 52% were sold under asking, 13% were sold at asking, and 35% were sold over asking.

Days on Market for Toccoa, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days55 Days+159.1%

Summary: Homes in Toccoa had an average of 55 days on market in Apr 2024, up by 159.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 24 homes were sold in Toccoa; 46% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% 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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