Is Snellville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Snellville has remained a Seller's Market.
Key Takeaway
Snellville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Snellville, GA
How much do homes in Snellville, GA cost?
Median Sold Price
$364,982
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Snellville have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Snellville was $364,982 in June 2024, up 2.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $265K | -15.9% |
| 3 Bedrooms | $314.9K | $320.5K | +1.8% |
| 4 Bedrooms | $375K | $381.9K | +1.9% |
| 5+ Bedrooms | $468K | $488.3K | +4.3% |
Summary: Snellville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Snellville | $355K | $364.9K | +2.8% |
| Snellville-Grayson | $384.6K | $390.3K | +1.5% |
Housing Supply in Snellville, GA
How many homes are available in Snellville, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 465 | 487 | +4.7% |
Summary: The Snellville real estate market had 487 homes for sale in June 2024, a 4.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 181 | 180 | -0.6% |
| 4 Bedrooms | 196 | 202 | +3.1% |
| 5+ Bedrooms | 85 | 103 | +21.2% |
Summary: The Snellville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 21.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 139 | 85 | -38.8% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snellville, you could pay more than the asking price. 36.1% of homes here sold above asking price last month.
Summary: A total of 85 homes were sold or pending in Snellville in June 2024, down by 38.8% month-over-month. Of the 83 sold homes, 34% were sold under asking, 30% were sold at asking, and 36% were sold over asking.
Days on Market for Snellville, GA
How long does it take to sell a home in Snellville, GA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 21 Days | 19 Days | -9.3% |
Summary: Homes in Snellville had an average of 19 days on market in Jun 2024, down by 9.3% compared to last year.
Breakdown of Home Sale Times
69 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snellville are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 85 homes were sold in Snellville; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 2% 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 Classic MLS. Information deemed reliable but not guaranteed. 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. Information deemed reliable but not guaranteed.