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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royston is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Royston was a Seller's Market.

Key Takeaway

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

Housing Prices in Royston, GA

How much do homes in Royston, GA cost?

Median Sold Price

$255,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$55,000(+27.5%)

Key Takeaway

Homes in Royston have sold for 27.5% more than they did a year ago.

Summary: The median home sold price in Royston was $255,000 in March 2024, up 27.5% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $133K$249K
+87.2%
2 $137.5K$132.5K
-3.6%
3 $211.8K$247.4K
+16.8%
4 $249.9K$284.9K
+14.0%
5+ $325K$350K
+7.7%

Summary: Royston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.2%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Broad River
+40.4%
Royston
+27.5%
Royston
+14.3%
Canon
+4.4%

Housing Supply in Royston, GA

How many homes are available in Royston, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4655+19.6%

Summary: The Royston real estate market had 55 homes for sale in March 2024, a 19.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 3034
+13.3%
4 58
+60.0%
5+ 33
0.0%

Summary: The Royston 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 increased by 25%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royston, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Royston in March 2024, up by 125.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Royston, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
44 Days25 Days-41.9%

Summary: Homes in Royston had an average of 25 days on market in Mar 2024, down by 41.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Royston; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Royston, GA

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