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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Godfrey is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Godfrey has remained a Seller's Market.

Key Takeaway

Godfrey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Godfrey, GA

How much do homes in Godfrey, GA cost?

Median Sold Price

$469,490

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,050(+4.7%)

Key Takeaway

Homes in Godfrey have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Godfrey was $469,490 in March 2024, up 4.7% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$460K
N/A
3 $413.5K$460.2K
+11.3%
4 $374K$454.4K
+21.5%
5+ $461.2K$527.7K
+14.4%

Summary: Godfrey 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 increased by 11.3%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 14.4%.

Housing Supply in Godfrey, GA

How many homes are available in Godfrey, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
45+25.0%

Summary: The Godfrey real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 01
+100.0%
5+ 12
+100.0%

Summary: The Godfrey 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Godfrey, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Godfrey in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Godfrey, GA

We’re sorry, we don't have information for this market at the moment

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Godfrey are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Godfrey; 100% 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.

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

Report Updated 18 Days Ago

Newest Listings in Godfrey, GA

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