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 seller's market

Buyer's
Market

Difference Since September 2021

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.

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

Median Sold Price

$375,062

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$74,097(+24.6%)

Key Takeaway

Homes in Snellville-Grayson have sold for 24.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$115K
N/A
2 $205K$249.9K
+21.9%
3 $254.5K$322.8K
+26.8%
4 $311K$382.8K
+23.1%
5+ $409.2K$472K
+15.3%

Median Sold Price Compared To Nearby Cities

Snellville
+27.4%
Loganville
+27.1%
Snellville-Grayson
+24.6%
Lawrenceville
+20.3%

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

Number of Homes For Sale

Aug 2022Sep 2022%
1,0311,067+3.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 1817
-5.6%
3 349352
+0.9%
4 386419
+8.5%
5+ 278279
0.4%

Number of Homes Sold

Aug 2022Sep 2022%
298231-22.5%

Asking Price vs. Sold Price

105 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

61 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. 51.5% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
17 Days24 Days+42.4%

Breakdown of Home Sale Times

171 Homes Were Sold
Under 30 Days

49 Homes Were Sold
In 30 - 90 Days

11 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.

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

About Snellville-Grayson, GA

Snellville-Grayson, GA has 1,067 homes on the market. Between August 2022 and September 2022, Snellville-Grayson, GA real estate market has seen increase in the number of listings by 3.5%. In September 2022, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $375,062. This housing market listing prices have changed between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 21.9%, prices of 3 bedrooms properties went up by 26.8%, prices of 4 bedrooms properties went up by 23.1%, prices of 5 bedrooms properties went up by 15.3%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 5.6%, number of 3 bedrooms homes increased by 0.9%, 4 bedrooms homes inventory increased by 8.5%, the quantity of 5 bedrooms homes went up by 0.4%. In September 2022 more than 61 listings in Snellville-Grayson, GA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 105 were sold below.

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