Is Adairsville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Adairsville has remained a Seller's Market.
Key Takeaway
Adairsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Adairsville, GA
How much do homes in Adairsville, GA cost?
Median Sold Price
$310,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Adairsville have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Adairsville was $310,000 in May 2024, up 0.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.2K | $195.4K | +7.2% |
| 3 Bedrooms | $291.1K | $291.2K | 0.0% |
| 4 Bedrooms | $340.5K | $319K | -6.3% |
| 5+ Bedrooms | $403K | $375K | -7.0% |
Summary: Adairsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 7%.
Housing Supply in Adairsville, GA
How many homes are available in Adairsville, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 89 | 94 | +5.6% |
Summary: The Adairsville real estate market had 94 homes for sale in May 2024, a 5.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 47 | 43 | -8.5% |
| 4 Bedrooms | 22 | 30 | +36.4% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Adairsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adairsville, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Adairsville in May 2024, down by 30.8% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for Adairsville, GA
How long does it take to sell a home in Adairsville, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 15 Days | -27.5% |
Summary: Homes in Adairsville had an average of 15 days on market in May 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Adairsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Adairsville; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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