Is Brunswick, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brunswick has remained a Seller's Market.
Key Takeaway
Brunswick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brunswick, GA
How much do homes in Brunswick, GA cost?
Median Sold Price
$322,750
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brunswick have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Brunswick was $322,750 in March 2024, up 4.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200.5K | $180K | -10.2% |
| 3 Bedrooms | $260K | $278K | +6.9% |
| 4 Bedrooms | $367K | $383.9K | +4.6% |
| 5+ Bedrooms | $399.9K | $520.3K | +30.1% |
Summary: Brunswick housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 30.1%.
Median Sold Price Compared To Nearby Cities
| Everett | $315K | $345K | +9.5% |
| Saint Simons | $624.4K | $668.5K | +7.1% |
| Saint Simons Island | $626.5K | $668.5K | +6.7% |
| Brunswick | $310K | $322.7K | +4.1% |
Housing Supply in Brunswick, GA
How many homes are available in Brunswick, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 98 | 93 | -5.1% |
Summary: The Brunswick real estate market had 93 homes for sale in March 2024, a 5.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 44 | 41 | -6.8% |
| 4 Bedrooms | 35 | 35 | 0.0% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Brunswick housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brunswick, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Brunswick in March 2024, down by 16.7% month-over-month. Of the 18 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Brunswick, GA
How long does it take to sell a home in Brunswick, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 104 Days | 63 Days | -39.8% |
Summary: Homes in Brunswick had an average of 63 days on market in Mar 2024, down by 39.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brunswick are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in Brunswick; 35% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
