Is Fort Valley, 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, Fort Valley was a Buyer's Market.
Key Takeaway
Fort Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fort Valley, GA
How much do homes in Fort Valley, GA cost?
Median Sold Price
$150,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Fort Valley have sold for 19.4% less than they did a year ago.
Summary: The median home sold price in Fort Valley was $150,000 in March 2024, down 19.4% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | - | $88K | N/A |
| 3 Bedrooms | $167.5K | $144K | -14.0% |
| 4 Bedrooms | $250K | $165K | -34.0% |
| 5+ Bedrooms | $313K | $490.5K | +56.7% |
Summary: Fort Valley 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 did not change, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 56.7%.
Housing Supply in Fort Valley, GA
How many homes are available in Fort Valley, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 58 | +23.4% |
Summary: The Fort Valley real estate market had 58 homes for sale in March 2024, a 23.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 31 | 38 | +22.6% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Fort Valley 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 increased by 25%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Valley, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Fort Valley in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Fort Valley, GA
How long does it take to sell a home in Fort Valley, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 12 Days | 44 Days | +273.1% |
Summary: Homes in Fort Valley had an average of 44 days on market in Mar 2024, up by 273.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Valley are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Fort Valley; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.