Is Sugar Valley, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Valley is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Sugar Valley was a Seller's Market.

Key Takeaway

Sugar Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sugar Valley, GA

How much do homes in Sugar Valley, GA cost?

Median Sold Price

$152,000

-

Based on all homes sold in May 2024.

Difference Since Last Month

-$148,000(-49.3%)

Key Takeaway

Homes in Sugar Valley have sold for 49.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $232.5K-
N/A
3 $316K$152K
-51.9%
4 --
N/A
5+ --
N/A

Summary: Sugar Valley 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 decreased by 51.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sugar Valley, GA

How many homes are available in Sugar Valley, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
76-14.3%

Summary: The Sugar Valley real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Sugar Valley 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

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 Sugar Valley, 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 Sugar Valley in May 2024, down by 66.7% 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 Sugar Valley, GA

How long does it take to sell a home in Sugar Valley, GA?

Average Sale Time

Apr 2024May 2024CHANGE
49 Days11 Days-77.6%

Summary: Homes in Sugar Valley had an average of 11 days on market in May 2024, down by 77.6% 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 Sugar Valley are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Sugar Valley; 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 1 Day Ago

Newest Listings in Sugar Valley, GA

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