Is Snellville-Grayson, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Snellville-Grayson has remained a Seller's Market.
Housing Prices in Snellville-Grayson, GA
How much do homes in Snellville-Grayson, GA cost?
Median Sold Price
$387,521
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Snellville-Grayson was $387,521 in March 2024, up 1.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | - | N/A |
2 Bedrooms | $255K | $289.5K | +13.5% |
3 Bedrooms | $327.9K | $334.5K | +2.0% |
4 Bedrooms | $394.6K | $393.9K | -0.2% |
5+ Bedrooms | $490K | $496.6K | +1.3% |
Summary: Snellville-Grayson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
Lawrenceville | $375K | $384.3K | +2.5% |
Snellville-Grayson | $383.4K | $387.5K | +1.1% |
Snellville | $360.9K | $360.1K | -0.2% |
Loganville | $402.9K | $398.7K | -1.0% |
Grayson | $455K | $440K | -3.3% |
Housing Supply in Snellville-Grayson, GA
How many homes are available in Snellville-Grayson, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
705 | 799 | +13.3% |
Summary: The Snellville-Grayson real estate market had 799 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 233 | 243 | +4.3% |
4 Bedrooms | 253 | 320 | +26.5% |
5+ Bedrooms | 216 | 232 | +7.4% |
Summary: The Snellville-Grayson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
164 | 182 | +11.0% |
Asking Price vs. Sold Price
89 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 182 homes were sold or pending in Snellville-Grayson in March 2024, up by 11.0% month-over-month. Of the 173 sold homes, 51% were sold under asking, 27% were sold at asking, and 22% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 41 Days | -28.6% |
Summary: Homes in Snellville-Grayson had an average of 41 days on market in Mar 2024, down by 28.6% compared to last year.
Breakdown of Home Sale Times
113 Homes Were Sold
Under 30 Days
42 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During March 2024, 182 homes were sold in Snellville-Grayson; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.