Is Snellville-Grayson, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snellville-Grayson is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Snellville-Grayson was a Seller's Market.

Key Takeaway

Snellville-Grayson 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 Snellville-Grayson, GA

How much do homes in Snellville-Grayson, GA cost?

Median Sold Price

$389,949

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,949(+1.3%)

Key Takeaway

Homes in Snellville-Grayson have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Snellville-Grayson was $389,949 in September 2024, up 1.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $160K-
N/A
2 $315K$275K
-12.7%
3 $325K$339.8K
+4.6%
4 $392.7K$395K
+0.6%
5+ $494.1K$509.8K
+3.2%

Summary: Snellville-Grayson housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Cities

Lawrenceville
+2.9%
Snellville
+2.0%
Snellville-Grayson
+1.3%
Loganville
-0.7%
Grayson
-1.1%

Housing Supply in Snellville-Grayson, GA

How many homes are available in Snellville-Grayson, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9931,050+5.7%

Summary: The Snellville-Grayson real estate market had 1,050 homes for sale in September 2024, a 5.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 309315
+1.9%
4 412414
0.5%
5+ 260308
+18.5%

Summary: The Snellville-Grayson housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 18.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
217163-24.9%

Asking Price vs. Sold Price

80 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snellville-Grayson, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.

Summary: A total of 163 homes were sold or pending in Snellville-Grayson in September 2024, down by 24.9% month-over-month. Of the 153 sold homes, 52% were sold under asking, 27% were sold at asking, and 20% were sold over asking.

Days on Market for Snellville-Grayson, GA

How long does it take to sell a home in Snellville-Grayson, GA?

Average Sale Time

Sep 2023Sep 2024CHANGE
32 Days37 Days+16.4%

Summary: Homes in Snellville-Grayson had an average of 37 days on market in Sep 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

71 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 163 homes were sold in Snellville-Grayson; 48% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 8% 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 26 Days Ago

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