Is LaGrange, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, LaGrange has remained a Seller's Market.
Housing Prices in LaGrange, GA
How much do homes in LaGrange, GA cost?
Median Sold Price
$259,950
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in LaGrange was $259,950 in March 2024, up 15.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $48.5K | $45K | -7.2% |
2 Bedrooms | $93.9K | $135.7K | +44.5% |
3 Bedrooms | $185K | $229.9K | +24.3% |
4 Bedrooms | $335K | $349.9K | +4.4% |
5+ Bedrooms | $378.9K | $406.7K | +7.3% |
Summary: LaGrange housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 44.5%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
LaGrange | $225K | $259.9K | +15.5% |
West Point | $194K | $212.4K | +9.5% |
Hillcrest | $293.9K | $291K | -1.0% |
Housing Supply in LaGrange, GA
How many homes are available in LaGrange, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
196 | 221 | +12.8% |
Summary: The LaGrange real estate market had 221 homes for sale in March 2024, a 12.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 15 | 23 | +53.3% |
3 Bedrooms | 87 | 95 | +9.2% |
4 Bedrooms | 65 | 74 | +13.8% |
5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The LaGrange housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 53.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 52 | +26.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in LaGrange in March 2024, up by 26.8% month-over-month. Of the 46 sold homes, 43% were sold under asking, 37% were sold at asking, and 20% were sold over asking.
Days on Market for LaGrange, GA
How long does it take to sell a home in LaGrange, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 45 Days | +5.5% |
Summary: Homes in LaGrange had an average of 45 days on market in Mar 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in LaGrange; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.