Explore Demorest, GA - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The Demorest housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 16.3% in the past month alone. With 10 active listings, inventory is 150% higher than seasonal norms. Properties are selling within just 18 days on average, much faster than the historical norm of 49 days. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Demorest market with the affordability index at 902.8. Based on current market indicators, home prices in Demorest are projected to decrease by approximately 4.9% over the next month.
Demographics market for - Demorest, GA
Total Population -
2,369
White Population
82.19%
Black Population
4.09%
Crime for - Demorest, GA
Real Estate Market Prediction for - Demorest, GA
City Hotspots
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