Is Rydal, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Rydal has remained a Buyer's Market.
Key Takeaway
Rydal is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices
How much do homes in Rydal, GA cost?
Median Sold Price
$377,454
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Rydal have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Rydal was $377,454 in August 2023, up 12.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $317.5K | +27.0% |
| 3 Bedrooms | $249.9K | $270K | +8.0% |
| 4 Bedrooms | $372.7K | $392.7K | +5.3% |
| 5+ Bedrooms | $405K | $489.9K | +21.0% |
Summary: Rydal housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
| Rydal | $335K | $377.4K | +12.7% |
| White-Pine Log | $329K | $361.2K | +9.8% |
Housing Supply
How many homes are available in Rydal, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Summary: The Rydal real estate market had 12 homes for sale in August 2023, a 40.0% decrease compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 9 | 3 | -66.7% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Rydal housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 9 | 1 | -88.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rydal, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Rydal in August 2023, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market
How long does it take to sell a home in Rydal, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 1 Day | 17 Days | +1600.0% |
Summary: Homes in Rydal had an average of 17 days on market in Aug 2023, up by 1600% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rydal are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 1 homes were sold in Rydal; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2023 Greater Chattanooga Association of REALTORS®.