Is Garden City, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Garden City has remained a Seller's Market.
Key Takeaway
Garden City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Garden City, GA
How much do homes in Garden City, GA cost?
Median Sold Price
$258,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Garden City have sold for 21.4% more than they did a year ago.
Summary: The median home sold price in Garden City was $258,000 in June 2024, up 21.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $220K | +46.7% |
| 3 Bedrooms | $217.5K | $243K | +11.7% |
| 4 Bedrooms | $299.9K | $282K | -6.0% |
| 5+ Bedrooms | $288K | $425K | +47.6% |
Summary: Garden City housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 47.6%.
Median Sold Price Compared To Nearby Cities
| Garden City | $212.5K | $258K | +21.4% |
| Savannah | $325.7K | $355.4K | +9.1% |
| Port Wentworth | $280K | $296.5K | +5.9% |
| Pooler-Bloomingdale | $334.9K | $349.2K | +4.3% |
Housing Supply in Garden City, GA
How many homes are available in Garden City, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Garden City real estate market had 19 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Garden City housing inventory by bedroom type for June 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 18.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garden City, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Garden City in June 2024, up by 266.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Garden City, GA
How long does it take to sell a home in Garden City, GA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Garden City are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 11 homes were sold in Garden City; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
