Is Darien, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darien is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Darien was a Seller's Market.

Key Takeaway

Darien is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Darien, GA

How much do homes in Darien, GA cost?

Median Sold Price

$271,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,550(+3.3%)

Key Takeaway

Homes in Darien have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Darien was $271,000 in May 2024, up 3.3% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $141.5K-
N/A
3 $255K$285K
+11.8%
4 $299K$269.9K
-9.7%
5+ --
N/A

Summary: Darien 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 did not change, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saint Simons Island
+3.7%
Darien
+3.3%

Housing Supply in Darien, GA

How many homes are available in Darien, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3339+18.2%

Summary: The Darien real estate market had 39 homes for sale in May 2024, a 18.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1924
+26.3%
4 99
0.0%
5+ 23
+50.0%

Summary: The Darien 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 remained the same, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darien, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Darien in May 2024, up by 66.7% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Darien, GA

How long does it take to sell a home in Darien, GA?

Average Sale Time

May 2023May 2024CHANGE
66 Days77 Days+16.6%

Summary: Homes in Darien had an average of 77 days on market in May 2024, up by 16.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Darien are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 5 homes were sold in Darien; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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