Is Dewy Rose, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dewy Rose is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dewy Rose has remained a Seller's Market.

Key Takeaway

Dewy Rose is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dewy Rose, GA

How much do homes in Dewy Rose, GA cost?

Median Sold Price

$331,700

$133/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$108,700(+48.7%)

Key Takeaway

Homes in Dewy Rose have sold for 48.7% more than they did a month ago.

Summary: The median home sold price in Dewy Rose was $331,700 in May 2024, up 48.7% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $270K-
N/A
3 $176K$331.7K
+88.5%
4 --
N/A
5+ --
N/A

Summary: Dewy Rose housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 88.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dewy Rose, GA

How many homes are available in Dewy Rose, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
75-28.6%

Summary: The Dewy Rose real estate market had 5 homes for sale in May 2024, a 28.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Dewy Rose housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dewy Rose, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Dewy Rose in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dewy Rose, GA

How long does it take to sell a home in Dewy Rose, GA?

Average Sale Time

Apr 2024May 2024CHANGE
6 Days11 Days+83.3%

Summary: Homes in Dewy Rose had an average of 11 days on market in May 2024, up by 83.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Dewy Rose; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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