Is Grovetown, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Grovetown was a Buyer's Market.
Key Takeaway
Grovetown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grovetown, GA
How much do homes in Grovetown, GA cost?
Median Sold Price
$310,000
$129/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Grovetown have sold for 11.4% more than they did a month ago.
Summary: The median home sold price in Grovetown was $310,000 in March 2024, up 11.4% from last month, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $278.4K | $289.9K | +4.1% |
| 4 Bedrooms | $292.5K | $310K | +6.0% |
| 5+ Bedrooms | - | $360K | N/A |
Summary: Grovetown housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes did not change.
Housing Supply in Grovetown, GA
How many homes are available in Grovetown, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Grovetown real estate market had 23 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Grovetown 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 remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grovetown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Grovetown in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Grovetown, GA
How long does it take to sell a home in Grovetown, GA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 52 Days | +11.3% |
Summary: Homes in Grovetown had an average of 52 days on market in Mar 2024, up by 11.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grovetown has remained consistent over time.
Summary: During March 2024, 6 homes were sold in Grovetown; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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.