Is Loganville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loganville is a seller's market

Buyer's
Market

Difference Since November 2022

At the same time last year, Loganville was a Buyer's Market.

Key Takeaway

Loganville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Loganville, GA

How much do homes in Loganville, GA cost?

Median Sold Price

$396,530

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

-$2,711(-0.7%)

Key Takeaway

Homes in Loganville have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Loganville was $396,530 in November 2023, down 0.7% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
N/A
2 $260K$285.9K
+10.0%
3 $316K$330K
+4.4%
4 $408K$400K
-2.0%
5+ $462K$485K
+5.0%

Summary: Loganville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Cities

Snellville-Grayson
0.3%
Loganville
-0.7%

Housing Supply in Loganville, GA

How many homes are available in Loganville, GA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
426404-5.2%

Summary: The Loganville real estate market had 404 homes for sale in November 2023, a 5.2% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 69
+50.0%
3 112114
+1.8%
4 191177
-7.3%
5+ 117104
-11.1%

Summary: The Loganville housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
10277-24.5%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loganville, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in Loganville in November 2023, down by 24.5% month-over-month. Of the 69 sold homes, 54% were sold under asking, 30% were sold at asking, and 16% were sold over asking.

Days on Market for Loganville, GA

How long does it take to sell a home in Loganville, GA?

Average Sale Time

Nov 2022Nov 2023CHANGE
48 Days45 Days-6.2%

Summary: Homes in Loganville had an average of 45 days on market in Nov 2023, down by 6.2% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Loganville are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 77 homes were sold in Loganville; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

Newest Listings in Loganville, GA

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