Is Snellville-Grayson, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Snellville-Grayson has remained a Seller's Market.
Housing Prices in Snellville-Grayson, GA
How much do homes in Snellville-Grayson, GA cost?
Median Sold Price
$389,857
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Snellville-Grayson was $389,857 in May 2024, up 1.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | - | N/A |
2 Bedrooms | $260K | $277.4K | +6.7% |
3 Bedrooms | $325K | $335K | +3.1% |
4 Bedrooms | $395K | $395K | 0.0% |
5+ Bedrooms | $490K | $501.6K | +2.4% |
Summary: Snellville-Grayson 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 increased by 6.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Lawrenceville | $375K | $389.6K | +3.9% |
Snellville | $359.3K | $364.7K | +1.5% |
Snellville-Grayson | $385K | $389.8K | +1.3% |
Loganville | $407.6K | $399K | -2.1% |
Grayson | $447.2K | $435.6K | -2.6% |
Housing Supply in Snellville-Grayson, GA
How many homes are available in Snellville-Grayson, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
894 | 1,032 | +15.4% |
Summary: The Snellville-Grayson real estate market had 1,032 homes for sale in May 2024, a 15.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 280 | 322 | +15.0% |
4 Bedrooms | 367 | 427 | +16.3% |
5+ Bedrooms | 240 | 273 | +13.8% |
Summary: The Snellville-Grayson 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 increased by 42.9%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
230 | 266 | +15.7% |
Asking Price vs. Sold Price
106 Homes Were Sold
Under Asking
69 Homes Were Sold
At Asking
84 Homes Were Sold
Over Asking
Summary: A total of 266 homes were sold or pending in Snellville-Grayson in May 2024, up by 15.7% month-over-month. Of the 259 sold homes, 41% were sold under asking, 27% were sold at asking, and 32% were sold over asking.
Days on Market for Snellville-Grayson, GA
How long does it take to sell a home in Snellville-Grayson, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 23 Days | -20.4% |
Summary: Homes in Snellville-Grayson had an average of 23 days on market in May 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
190 Homes Were Sold
Under 30 Days
64 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During May 2024, 266 homes were sold in Snellville-Grayson; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.