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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reidsville is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Reidsville was a Seller's Market.

Key Takeaway

Reidsville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Reidsville, GA cost?

Median Sold Price

$225,000

$83/sqft

Based on all homes sold in September 2022.

Difference Since Last Month

+$48,000(+27.1%)

Key Takeaway

Homes in Reidsville have sold for 27.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2022Sep 2022%
1 --
N/A
2 --
N/A
3 $177K-
N/A
4 -$225K
N/A
5+ --
N/A

How many homes are available in Reidsville, GA?

Number of Homes For Sale

Aug 2022Sep 2022%
56+20.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reidsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Aug 2022Sep 2022%
1 Day41 Days+4000.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Reidsville has remained consistent over time.

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

About Reidsville, GA

There are 6 homes are for sale in Reidsville, GA real estate market. In September 2022 in Reidsville, GA there were 20% more homes for sale than in August 2022. While the average time on the market in September 2022 was 41 days, the median list price was $225,000. From September 2021 through September 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 0%, 4 bedrooms properties prices increased by 0%, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 25% more available, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. In September 2022, from all listings sold in Reidsville, GA there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.