Tate, GA 30177 housing market

What this means

• Prices. Home values are down 0.7% over the past year (U.S.: +1.2%).
• Supply. Listings are 50% below the 2017-19 norm and falling (−75% vs. a year ago): still a tight market.
• Negotiating. Buyer leverage is low (2/100; U.S.: 54): homes sell for about 0.0% below their final list price; 0% of listings had a price cut (U.S.: 26%).
• Disaster risk. FEMA expects about $97 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
• Outlook. No clear direction: likely −8% to +8% over the next 12 months (60% chance of a rise).

Next 12 months

No clear direction

A rise is somewhat more likely than a fall, but not by enough to call. Likely change: −7.9% to +8.5% (80% range; middle estimate +1.4%), chance of a rise 60%, of a 5%+ drop 17%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

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