Is Lithia Springs, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Lithia Springs has remained a Seller's Market.
Housing Prices in Lithia Springs, GA
How much do homes in Lithia Springs, GA cost?
Median Sold Price
$290,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lithia Springs was $290,000 in June 2024, up 0.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.9K | - | N/A |
2 Bedrooms | $192.5K | $245K | +27.3% |
3 Bedrooms | $275K | $257.9K | -6.2% |
4 Bedrooms | $345K | $325K | -5.8% |
5+ Bedrooms | $397K | $435K | +9.6% |
Summary: Lithia Springs housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
Mableton | $334.9K | $365.3K | +9.1% |
Douglasville-Lithia Springs | $294.4K | $299.8K | +1.8% |
Douglasville | $319.6K | $324.9K | +1.7% |
Lithia Springs | $289.6K | $290K | 0.1% |
Housing Supply in Lithia Springs, GA
How many homes are available in Lithia Springs, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
103 | 105 | +1.9% |
Summary: The Lithia Springs real estate market had 105 homes for sale in June 2024, a 1.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 46 | 45 | -2.2% |
4 Bedrooms | 25 | 26 | +4.0% |
5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Lithia Springs housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Lithia Springs in June 2024, up by 22.2% month-over-month. Of the 22 sold homes, 32% were sold under asking, 32% were sold at asking, and 36% were sold over asking.
Days on Market for Lithia Springs, GA
How long does it take to sell a home in Lithia Springs, GA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
27 Days | 23 Days | -14.6% |
Summary: Homes in Lithia Springs had an average of 23 days on market in Jun 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 22 homes were sold in Lithia Springs; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.