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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Redbud is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Redbud, GA cost?

Median Sold Price

$230,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$57,550(+33.4%)

Key Takeaway

Homes in Redbud have sold for 33.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $516K-
N/A
2 $216.4K$280K
+29.4%
3 $153K$207.5K
+35.6%
4 $240K$235K
-2.1%
5+ $425K$465K
+9.4%

Median Sold Price Compared To Nearby Cities

Redbud
+33.4%
Ludville
+19.8%
Sugar Valley-Resaca
+15.8%

How many homes are available in Redbud, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
3032+6.7%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 36
+100.0%
3 1918
-5.3%
4 65
-16.7%
5+ 23
+50.0%

Number of Homes Sold

Mar 2022Apr 2022%
613+116.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Redbud, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
21 Days39 Days+86.4%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Redbud 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 Redbud, GA

There are 32 homes are for sale in Redbud, GA real estate market. In April 2022 in Redbud, GA there were 6.7% more homes for sale than in March 2022. In April 2022 median list price was $230,000 and the average listing age was 39 days. This housing market listing prices have changed between March 2022 and April 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 29.4%, the cost of 3 bedrooms properties went up by 35.6%, 4 bedrooms properties prices decreased by 2.1%, 5 bedrooms properties prices increased by 9.4%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went down by 5.3%, volume of 4 bedrooms homes went down by 16.7%, number of 5 bedrooms homes increased by 50%. In April 2022 more than 4 listings in Redbud, GA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below.

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