Is Tunnel Hill, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tunnel Hill has remained a Seller's Market.
Housing Prices in Tunnel Hill, GA
How much do homes in Tunnel Hill, GA cost?
Median Sold Price
$240,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tunnel Hill was $240,000 in April 2024, down 8.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $209K | N/A |
3 Bedrooms | $231K | $234.9K | +1.7% |
4 Bedrooms | $280K | $330K | +17.9% |
5+ Bedrooms | $279K | $262.5K | -5.9% |
Summary: Tunnel Hill 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 did not change, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
West Whitfield | $239.9K | $269.9K | +12.5% |
Tunnel Hill | $262.1K | $240K | -8.4% |
Housing Supply in Tunnel Hill, GA
How many homes are available in Tunnel Hill, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 23 | -36.1% |
Summary: The Tunnel Hill real estate market had 23 homes for sale in April 2024, a 36.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 3 | -62.5% |
3 Bedrooms | 21 | 15 | -28.6% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Tunnel Hill 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 62.5%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 5 | -75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Tunnel Hill in April 2024, down by 75.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Tunnel Hill, GA
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Tunnel Hill; 20% 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.