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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reynoldstown is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Reynoldstown, GA

How much do homes in Reynoldstown, GA cost?

Median Sold Price

$649,900

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$59,900(+10.2%)

Key Takeaway

Homes in Reynoldstown have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Reynoldstown was $649,900 in February 2024, up 10.2% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $326K$349.9K
+7.3%
2 $461K$456.2K
-1.0%
3 $617.5K$682.5K
+10.5%
4 $885K$872K
-1.5%
5+ $1.1M$755K
-36.4%

Summary: Reynoldstown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 36.4%.

Housing Supply in Reynoldstown, GA

How many homes are available in Reynoldstown, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2728+3.7%

Summary: The Reynoldstown real estate market had 28 homes for sale in February 2024, a 3.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 35
+66.7%
2 21
-50.0%
3 1313
0.0%
4 88
0.0%
5+ 11
0.0%

Summary: The Reynoldstown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reynoldstown, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Reynoldstown in February 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Reynoldstown, GA

How long does it take to sell a home in Reynoldstown, GA?

Average Sale Time

Feb 2023Feb 2024CHANGE
34 Days37 Days+9.4%

Summary: Homes in Reynoldstown had an average of 37 days on market in Feb 2024, up by 9.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 5 homes were sold in Reynoldstown; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

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

Report Updated 28 Days Ago

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