Is Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Skyland Terrace / Greenway Park / Grove Park / Oglethorpe is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Skyland Terrace / Greenway Park / Grove Park / Oglethorpe has remained a Seller's Market.

Key Takeaway

Skyland Terrace / Greenway Park / Grove Park / Oglethorpe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, GA

How much do homes in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, GA cost?

Median Sold Price

$254,750

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$47,300(+22.8%)

Key Takeaway

Homes in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe was $254,750 in April 2024, up 22.8% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $194.9K$235K
+20.5%
3 $213.7K$250K
+17.0%
4 -$295K
N/A
5+ --
N/A

Summary: Skyland Terrace / Greenway Park / Grove Park / Oglethorpe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 17%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, GA

How many homes are available in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The Skyland Terrace / Greenway Park / Grove Park / Oglethorpe real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 33
0.0%
3 13
+200.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Skyland Terrace / Greenway Park / Grove Park / Oglethorpe housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, GA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in Skyland Terrace / Greenway Park / Grove Park / Oglethorpe, GA

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