Is Devereux, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Devereux was a Seller's Market.
Key Takeaway
Devereux is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Devereux, GA
How much do homes in Devereux, GA cost?
Median Sold Price
$428,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Devereux have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in Devereux was $428,000 in March 2024, down 11.8% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $230K | N/A |
| 2 Bedrooms | $140K | $375K | +167.9% |
| 3 Bedrooms | $415K | $480K | +15.7% |
| 4 Bedrooms | $679.9K | $515K | -24.3% |
| 5+ Bedrooms | $682K | $695.8K | +2.0% |
Summary: Devereux 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 increased by 167.9%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Phoenix | $473.5K | $460K | -2.9% |
| Little River | $373K | $347.5K | -6.8% |
| Devereux | $485K | $428K | -11.8% |
Housing Supply in Devereux, GA
How many homes are available in Devereux, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Summary: The Devereux real estate market had 29 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Devereux housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Devereux, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Devereux in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Devereux, GA
How long does it take to sell a home in Devereux, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 4 Days | 124 Days | +2670.4% |
Summary: Homes in Devereux had an average of 124 days on market in Mar 2024, up by 2670.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Devereux are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Devereux; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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