Is Sky Valley, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sky Valley is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Sky Valley, GA cost?

Median Sold Price

$300,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$11,250(+3.9%)

Key Takeaway

Homes in Sky Valley have sold for 3.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 -$183.5K
N/A
2 $184.9K$258K
+39.5%
3 $290K$350K
+20.7%
4 $377.5K$350K
-7.3%
5+ $390K$436.1K
+11.8%

Median Sold Price Compared To Nearby Cities

Rabun Gap
+31.1%
Sky Valley
+3.9%

How many homes are available in Sky Valley, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
15150.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 12
+100.0%
2 44
0.0%
3 75
-28.6%
4 23
+50.0%
5+ 11
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sky Valley, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
15 Days12 Days-24.1%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sky Valley 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 Sky Valley, GA

There are 15 homes are for sale in Sky Valley, GA real estate market. Listings spent 12 days on the market in April 2022, and had a median list price of $300,000 during the same period. Real estate listing prices changed between March 2022 and April 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 39.5%, 3 bedrooms properties became 20.7% more expensive, the cost of 4 bedrooms properties went down by 7.3%, the cost of 5 bedrooms properties went up by 11.8%. Volume of homes for sale changed: volume of 1 bedroom homes went up by 100%, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 28.6% less available, 4 bedrooms homes became 50% more available, number of 5 bedrooms homes remained the same. Over 0 listings were sold over their listed price in April 2022 in Sky Valley, GA. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.

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