Hall County Housing Market Report December 2024Hall County, Georgia

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Housing Prices in Hall County, GA

How much do homes in Hall County, GA cost?

Housing Market Conditions

Is Hall County, GA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Hall County is a Buyer's Market

Difference Since December 2023

At the same time last year, Hall County was a Seller's Market.

Insight

Hall County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$399,935$196/SqFt
+$19,112
+5.0%

Based on all homes sold in the last 12 months

Insight

Homes in Hall County have sold for 5% more than they did a year ago.

Summary: The median home sold price in Hall County was $399,935 in December 2024, up 5% from last year, and the median price per square foot was $196.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lumpkin County
+5.8%
Forsyth County
+5.1%
Hall County
+5.0%
Jackson County
+4.8%
Banks County
+4.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$289.9K$250K
-13.8%
2$262K$280K
+6.9%
3$334.9K$349.9K
+4.5%
4$440K$450K
+2.3%
5$579K$614.7K
+6.2%

Summary: Hall County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -13.8%. The home price for 2 bedroom homes increased by +6.9%. The home price for 3 bedroom homes increased by +4.5%. The home price for 4 bedroom homes increased by +2.3%. The home price for 5 bedroom homes increased by +6.2%.

Housing supply in Hall County, GA

How many homes are available in Hall County, GA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,107Last MonthDec 2024
1,1462 months agoNov 2024
-3.4 %
Change MoMNov – Dec

Summary: The Hall County real estate market had 1,107 homes for sale in Dec 2024, a 3.4 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
148Last MonthDec 2024
2212 months agoNov 2024
-33.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
28986
-3.4%
3466440
-5.6%
4363361
-0.6%
5228220
-3.5%

Summary: Hall County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -3.4%. The inventory for 3 bedroom homes decreased by -5.6%. The inventory for 4 bedroom homes decreased by -0.6%. The inventory for 5 bedroom homes decreased by -3.5%.

Asking Price vs. Sold Price

How much do homes in Hall County, GA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price21 Homes

At Asking Price31 Homes

Under Asking Price88 Homes

Insight

If you're buying a home in Hall County, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.

Summary: A total of 148 homes were sold or pending in Hall County in December 2024, down by 33.0% month-over-month. Of the 140 sold homes, 63% were sold under asking, 22% were sold at asking, and and 15% were sold over asking.

Days on Market for Hall County, GA

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

Breakdown of Home Sale Times

Under 30 Days68 Homes

30 – 90 Days57 Homes

Over 90 Days23 Homes

Insight

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

Summary: During December 2024, 148 homes were sold in Hall County; 46% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
47 DaysThis YearDec 2024
48 Days1 year agoDec 2023
-2.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Hall County had an average listing age of 47 days in Dec 2024, down by 2.4% compared to the previous year.

Newest Listings in Hall County, GA

What homes are available in Hall County, GA?

MLS Disclaimers and Copyright

Based on information from Georgia MLS, First Multiple Listing Service Inc., Classic MLS, and Central Georgia MLS for the period 01/01/2023 - 01/01/2025

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Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright© 2025 Classic MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data related to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Central Georgia MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
© 2025 Central Georgia MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.