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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitesburg is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Whitesburg, GA

How much do homes in Whitesburg, GA cost?

Median Sold Price

$290,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,000(+11.5%)

Key Takeaway

Homes in Whitesburg have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Whitesburg was $290,000 in May 2024, up 11.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $185K$210.3K
+13.7%
3 $234.9K$281.9K
+20.0%
4 $335K$379.9K
+13.4%
5+ $566K$898K
+58.7%

Summary: Whitesburg 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 13.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 58.7%.

Housing Supply in Whitesburg, GA

How many homes are available in Whitesburg, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1625+56.3%

Summary: The Whitesburg real estate market had 25 homes for sale in May 2024, a 56.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 69
+50.0%
4 57
+40.0%
5+ 59
+80.0%

Summary: The Whitesburg 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Apr 2024May 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitesburg, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Whitesburg in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Whitesburg, GA

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

Average Sale Time

May 2023May 2024CHANGE
25 Days41 Days+65.1%

Summary: Homes in Whitesburg had an average of 41 days on market in May 2024, up by 65.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 5 homes were sold in Whitesburg; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 1 Day Ago

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