Is Snellville-Grayson, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Snellville-Grayson has remained a Seller's Market.
Key Takeaway
Snellville-Grayson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Snellville-Grayson, GA cost?
Median Sold Price
$379,094
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Snellville-Grayson have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Snellville-Grayson was $379,094 in August 2023, up 1.1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $160K | +39.1% |
| 2 Bedrooms | $250.7K | $260K | +3.7% |
| 3 Bedrooms | $320K | $325K | +1.6% |
| 4 Bedrooms | $380K | $385.7K | +1.5% |
| 5+ Bedrooms | $469.9K | $495.5K | +5.4% |
Summary: Snellville-Grayson housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Lawrenceville | $336K | $380K | +13.1% |
| Loganville | $361.5K | $389.8K | +7.8% |
| Snellville-Grayson | $375K | $379K | +1.1% |
| Snellville | $359K | $357.5K | -0.4% |
| Grayson | $470K | $440K | -6.4% |
Housing Supply
How many homes are available in Snellville-Grayson, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 930 | 945 | +1.6% |
Summary: The Snellville-Grayson real estate market had 945 homes for sale in August 2023, a 1.6% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 297 | 288 | -3.0% |
| 4 Bedrooms | 363 | 380 | +4.7% |
| 5+ Bedrooms | 261 | 269 | +3.1% |
Summary: The Snellville-Grayson housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 241 | 261 | +8.3% |
Asking Price vs. Sold Price
95 Homes Were Sold
Under Asking
78 Homes Were Sold
At Asking
73 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snellville-Grayson, you may be able to get a good deal. 38.6% of homes here sold below asking price last month.
Summary: A total of 261 homes were sold or pending in Snellville-Grayson in August 2023, up by 8.3% month-over-month. Of the 246 sold homes, 39% were sold under asking, 32% were sold at asking, and 30% were sold over asking.
Days on Market
How long does it take to sell a home in Snellville-Grayson, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 15 Days | 25 Days | +59.9% |
Summary: Homes in Snellville-Grayson had an average of 25 days on market in Aug 2023, up by 59.9% compared to last year.
Breakdown of Home Sale Times
187 Homes Were Sold
Under 30 Days
64 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snellville-Grayson are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 261 homes were sold in Snellville-Grayson; 72% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 4% 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 Athens Area Association of Realtors. 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.