Is Little River, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Little River was a Seller's Market.
Housing Prices in Little River, GA
How much do homes in Little River, GA cost?
Median Sold Price
$351,900
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Little River was $351,900 in May 2024, up 5.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $119K | -47.1% |
2 Bedrooms | $270K | $341.5K | +26.5% |
3 Bedrooms | $330K | $321K | -2.7% |
4 Bedrooms | $587.5K | $597K | +1.6% |
5+ Bedrooms | $400K | $521.8K | +30.5% |
Summary: Little River housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.1%, 2 bedroom homes increased by 26.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 30.5%.
Housing Supply in Little River, GA
How many homes are available in Little River, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 61 | +3.4% |
Summary: The Little River real estate market had 61 homes for sale in May 2024, a 3.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Little River housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Little River in May 2024, down by 38.5% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Little River, GA
How long does it take to sell a home in Little River, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 43 Days | +67.4% |
Summary: Homes in Little River had an average of 43 days on market in May 2024, up by 67.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Little River; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.