Is Ludowici South, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ludowici South was a Buyer's Market.
Housing Prices in Ludowici South, GA
How much do homes in Ludowici South, GA cost?
Median Sold Price
$287,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ludowici South was $287,500 in March 2024, up 4.5% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $205K | $229K | +11.7% |
3 Bedrooms | $220K | $250K | +13.6% |
4 Bedrooms | $281.2K | $285.8K | +1.7% |
5+ Bedrooms | $312.5K | $339.2K | +8.6% |
Summary: Ludowici South housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
Allenhurst | $215K | $273.4K | +27.2% |
Walthourville | $225K | $278K | +23.6% |
Ludowici South | $275K | $287.5K | +4.5% |
Ludowici | $315K | $285K | -9.5% |
Housing Supply in Ludowici South, GA
How many homes are available in Ludowici South, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 59 | 0.0% |
Summary: The Ludowici South real estate market had 59 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 | 2 | 2 | 0.0% |
3 Bedrooms | 23 | 20 | -13.0% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Ludowici South 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 decreased by 13%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Ludowici South in March 2024, down by 5.9% month-over-month. Of the 15 sold homes, 27% were sold under asking, 47% were sold at asking, and 27% were sold over asking.
Days on Market for Ludowici South, GA
How long does it take to sell a home in Ludowici South, GA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Ludowici South; 6% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.