Is Allenhurst, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allenhurst is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Allenhurst has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Allenhurst, GA

How much do homes in Allenhurst, GA cost?

Median Sold Price

$269,675

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$44,675(+19.9%)

Key Takeaway

Homes in Allenhurst have sold for 19.9% more than they did a year ago.

Summary: The median home sold price in Allenhurst was $269,675 in May 2024, up 19.9% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 --
N/A
3 $215K$227.5K
+5.8%
4 $245K$270.4K
+10.4%
5+ -$308.2K
N/A

Summary: Allenhurst housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Walthourville
+24.1%
Allenhurst
+20.9%
Allenhurst
+19.9%
Hinesville
+2.8%

Housing Supply in Allenhurst, GA

How many homes are available in Allenhurst, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
35350.0%

Summary: The Allenhurst real estate market had 35 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1312
-7.7%
4 1215
+25.0%
5+ 108
-20.0%

Summary: The Allenhurst 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 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
880.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allenhurst, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Allenhurst in May 2024, the same as the previous month. Of the 8 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Allenhurst, GA

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Allenhurst has remained consistent over time.

Summary: During May 2024, 8 homes were sold in Allenhurst; 0% of homes were sold within 30 days, 13% 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 5 Days Ago

Newest Listings in Allenhurst, GA

Nearby Markets to Allenhurst, GA

What housing markets are near Allenhurst, GA?