The Chattooga County housing market has undergone a significant shift, transitioning from a seller’s market last year to a buyer’s market in March 2025, according to the latest housing market report. This change indicates that home prices are trending lower and properties are staying on the market for a longer period, creating opportunities for potential homebuyers. The median sold price in Chattooga County reached $206,333 in March 2025, reflecting a 9.2% increase compared to March 2024.
The median price per square foot also rose to $141. While prices have increased year-over-year, the buyer’s market dynamic suggests that negotiating opportunities exist. Interestingly, the report shows varied price trends across different property types. Homes with five or more bedrooms saw a dramatic price surge of 70.4%, while four-bedroom homes experienced a slight decrease of 4.5%. One and two-bedroom homes also saw significant price increases of 13.7% and 11.1% respectively, while 3-bedroom homes only increased by 1%. The number of homes for sale in Chattooga County increased by 12.4% from February to March 2025, reaching a total of 109 properties. This increase in inventory further contributes to the buyer’s market conditions. The amount of 4 bedroom homes increased by 35.7% from February to March.
The report also highlights that a significant majority (81.8%) of homes sold below the asking price in March 2025, suggesting that buyers have leverage in negotiations. However, the average time a home spends on the market has increased significantly, from 52 days in March 2024 to 76 days in March 2025, a 46.5% increase. Compared to neighboring counties, Chattooga County’s median sold price remains lower than Walker County ($250,600) and Floyd County ($251,500).
These factors combined paint a picture of a shifting housing landscape in Chattooga County, where buyers now have the upper hand.
Comments