Is Forsyth, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Forsyth has remained a Seller's Market.
Housing Prices in Forsyth, GA
How much do homes in Forsyth, GA cost?
Median Sold Price
$362,450
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Forsyth was $362,450 in April 2024, up 9.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $120K | N/A |
2 Bedrooms | - | $289.9K | N/A |
3 Bedrooms | $249K | $248K | -0.4% |
4 Bedrooms | $342.4K | $369K | +7.8% |
5+ Bedrooms | $678.3K | $449.9K | -33.7% |
Summary: Forsyth housing prices by bedroom type for April 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 decreased by 0.4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 33.7%.
Median Sold Price Compared To Nearby Cities
Forsyth | $332.2K | $362.4K | +9.1% |
Culloden-Bolingbroke | $390.7K | $370K | -5.3% |
Housing Supply in Forsyth, GA
How many homes are available in Forsyth, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
78 | 72 | -7.7% |
Summary: The Forsyth real estate market had 72 homes for sale in April 2024, a 7.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 10 | -41.2% |
4 Bedrooms | 34 | 35 | +2.9% |
5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The Forsyth housing inventory by bedroom type for April 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 41.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Forsyth in April 2024, down by 5.6% month-over-month. Of the 17 sold homes, 35% were sold under asking, 53% were sold at asking, and 12% were sold over asking.
Days on Market for Forsyth, GA
How long does it take to sell a home in Forsyth, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 69 Days | -5.5% |
Summary: Homes in Forsyth had an average of 69 days on market in Apr 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Forsyth; 47% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.