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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trion is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Trion has remained a Neutral Market.

Key Takeaway

Trion is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Trion, GA

How much do homes in Trion, GA cost?

Median Sold Price

$159,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,100(+6.1%)

Key Takeaway

Homes in Trion have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Trion was $159,000 in April 2024, up 6.1% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120K$83K
-30.8%
2 $110K$150K
+36.4%
3 $184.9K$182.5K
-1.3%
4 $213K$235K
+10.3%
5+ -$359.4K
N/A

Summary: Trion housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes did not change.

Housing Supply in Trion, GA

How many homes are available in Trion, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2017-15.0%

Summary: The Trion real estate market had 17 homes for sale in April 2024, a 15.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1111
0.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The Trion 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Trion in April 2024, down by 40.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Trion, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days11 Days-47.7%

Summary: Homes in Trion had an average of 11 days on market in Apr 2024, down by 47.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Trion; 67% of homes were sold within 30 days, 0% 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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