Pine Mountain, GA Real Estate

In November 2024, the median listing home price in Pine Mountain, GA, was $274,900, reflecting an 8.4% year-over-year decline, signaling potential opportunities for buyers in the area. The median listing price per square foot stood at $189, while the median sold price was notably higher at $329,500. This price disparity suggests that well-maintained or uniquely appealing homes may still command competitive offers, making it essential for buyers to evaluate properties carefully and act strategically in this evolving market.

Homes in Pine Mountain, GA, generally sold for approximately their asking price, with properties spending an average of 79 days on the market. This marks an increase in the median days on the market compared to the previous month and a slight rise from the same period last year, indicating a cooling market. Buyers may find this trend advantageous, as longer market times could provide more negotiating power, while sellers should focus on strategic pricing and presentation to attract offers more quickly.

In November 2024, Pine Mountain, GA, was a buyer's market, indicating that the supply of homes exceeded the demand. This market condition provides an advantage to buyers, offering them more choices and potentially better negotiating power when it comes to pricing and terms. For sellers, it emphasizes the importance of competitive pricing and strategic marketing to stand out in a market with ample inventory.