Is Grove Park, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Grove Park was a Seller's Market.
Housing Prices in Grove Park, GA
How much do homes in Grove Park, GA cost?
Median Sold Price
$350,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Grove Park was $350,000 in April 2024, up 12.3% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $145K | N/A |
2 Bedrooms | $147.5K | $147.5K | 0.0% |
3 Bedrooms | $314K | $340K | +8.3% |
4 Bedrooms | $340K | $410K | +20.6% |
5+ Bedrooms | $369.5K | $449.9K | +21.8% |
Summary: Grove Park housing prices by bedroom type for April 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 8.3%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Neighborhoods
Grove Park | $311.7K | $350K | +12.3% |
Center Hill | $276.9K | $284K | +2.5% |
Housing Supply in Grove Park, GA
How many homes are available in Grove Park, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 66 | +32.0% |
Summary: The Grove Park real estate market had 66 homes for sale in April 2024, a 32.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 10 | +100.0% |
3 Bedrooms | 23 | 32 | +39.1% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Grove Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 11 | +1000.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Grove Park in April 2024, up by 1000.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Grove Park, GA
How long does it take to sell a home in Grove Park, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 40 Days | -25.9% |
Summary: Homes in Grove Park had an average of 40 days on market in Apr 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Grove Park; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.