Is Royston, 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, Royston has remained a Seller's Market.
Housing Prices in Royston, GA
How much do homes in Royston, GA cost?
Median Sold Price
$250,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Royston was $250,000 in April 2024, up 16.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $249K | +87.2% |
2 Bedrooms | $127.5K | $170K | +33.3% |
3 Bedrooms | $217.5K | $255K | +17.2% |
4 Bedrooms | $279.9K | $320K | +14.3% |
5+ Bedrooms | $369.9K | $332.5K | -10.1% |
Summary: Royston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.2%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Cities
Royston | $215K | $250K | +16.3% |
Franklin Springs | $249.5K | $265.6K | +6.5% |
Royston | $235K | $250K | +6.4% |
Canon | $224.9K | $229.4K | +2.0% |
Housing Supply in Royston, GA
How many homes are available in Royston, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 59 | +3.5% |
Summary: The Royston real estate market had 59 homes for sale in April 2024, a 3.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 39 | 40 | +2.6% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Royston 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 decreased by 11.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 20 | +122.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Royston in April 2024, up by 122.2% month-over-month. Of the 19 sold homes, 32% were sold under asking, 58% were sold at asking, and 11% were sold over asking.
Days on Market for Royston, GA
How long does it take to sell a home in Royston, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 56 Days | -10.5% |
Summary: Homes in Royston had an average of 56 days on market in Apr 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Royston; 45% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.