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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lula is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Lula has remained a Seller's Market.

Key Takeaway

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

How much do homes in Lula, GA cost?

Median Sold Price

$247,500

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$52,250(+26.8%)

Key Takeaway

Homes in Lula have sold for 26.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 -$145K
N/A
3 $195K$240K
+23.1%
4 $195.9K$269.9K
+37.8%
5+ $255K$379.9K
+49.0%

How many homes are available in Lula, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
1415+7.1%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 12
+100.0%
3 99
0.0%
4 34
+33.3%
5+ 10
-100.0%

Number of Homes Sold

Mar 2022Apr 2022%
57+40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lula, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
50 Days16 Days-67.6%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Lula, GA

Homes for sale in Lula, GA have reached 15. The number of homes for sale in Lula, GA increased by 7.1% between March 2022 and April 2022. Listings spent 16 days on the market in April 2022, and had a median list price of $247,500 during the same period. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 23.1%, the cost of 4 bedrooms properties went up by 37.8%, prices of 5 bedrooms properties went up by 49%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 100%, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 33.3% more available, number of 5 bedrooms homes decreased by 100%. In April 2022, from all listings sold in Lula, GA there were more than 2 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price.