Is Liberty City / Summerside / Southover / Richfield, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty City / Summerside / Southover / Richfield is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Liberty City / Summerside / Southover / Richfield was a Seller's Market.

Key Takeaway

Liberty City / Summerside / Southover / Richfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Liberty City / Summerside / Southover / Richfield, GA

How much do homes in Liberty City / Summerside / Southover / Richfield, GA cost?

Median Sold Price

$234,587

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$34,587(+17.3%)

Key Takeaway

Homes in Liberty City / Summerside / Southover / Richfield have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in Liberty City / Summerside / Southover / Richfield was $234,587 in April 2024, up 17.3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $65K$140K
+115.4%
3 $200K$220K
+10.0%
4 $255K$280K
+9.8%
5+ --
N/A

Summary: Liberty City / Summerside / Southover / Richfield 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 increased by 115.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Liberty City / Summerside / Southover / Richfield
+17.3%
Liberty City
-5.0%

Housing Supply in Liberty City / Summerside / Southover / Richfield, GA

How many homes are available in Liberty City / Summerside / Southover / Richfield, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1315+15.4%

Summary: The Liberty City / Summerside / Southover / Richfield real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 34
+33.3%
4 67
+16.7%
5+ 00
0.0%

Summary: The Liberty City / Summerside / Southover / Richfield 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty City / Summerside / Southover / Richfield, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Liberty City / Summerside / Southover / Richfield in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Liberty City / Summerside / Southover / Richfield, GA

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

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

Report Updated 22 Days Ago

Newest Listings in Liberty City / Summerside / Southover / Richfield, GA

Nearby Markets to Liberty City / Summerside / Southover / Richfield, GA