Is Nevils-Stilson, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Nevils-Stilson has remained a Seller's Market.
Key Takeaway
Nevils-Stilson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nevils-Stilson, GA
How much do homes in Nevils-Stilson, GA cost?
Median Sold Price
$343,250
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Nevils-Stilson have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in Nevils-Stilson was $343,250 in March 2024, down 10.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $383.9K | $200K | -47.9% |
| 3 Bedrooms | $340K | $294.9K | -13.3% |
| 4 Bedrooms | $384.5K | $369K | -4.0% |
| 5+ Bedrooms | $449.9K | $541.4K | +20.3% |
Summary: Nevils-Stilson 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 decreased by 47.9%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 20.3%.
Housing Supply in Nevils-Stilson, GA
How many homes are available in Nevils-Stilson, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Nevils-Stilson real estate market had 34 homes for sale in March 2024, a 2.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Nevils-Stilson 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 increased by 6.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 16 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nevils-Stilson, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Nevils-Stilson in March 2024, up by 166.7% month-over-month. Of the 15 sold homes, 33% were sold under asking, 53% were sold at asking, and 13% were sold over asking.
Days on Market for Nevils-Stilson, GA
How long does it take to sell a home in Nevils-Stilson, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 20 Days | -34.7% |
Summary: Homes in Nevils-Stilson had an average of 20 days on market in Mar 2024, down by 34.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Nevils-Stilson are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in Nevils-Stilson; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
