Is Snellville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$360,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Snellville has remained the same since last year.
Summary: The median home sold price in Snellville was $360,000 in April 2024, down 0.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $315K | -4.5% |
| 3 Bedrooms | $317.5K | $318.2K | 0.2% |
| 4 Bedrooms | $380K | $375.7K | -1.1% |
| 5+ Bedrooms | $478K | $480K | 0.4% |
Summary: Snellville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Snellville-Grayson | $384K | $388.1K | +1.1% |
| Snellville | $360.2K | $360K | -0.1% |
Housing Supply in Snellville, GA
How many homes are available in Snellville, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 384 | 428 | +11.5% |
Summary: The Snellville real estate market had 428 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 148 | 155 | +4.7% |
| 4 Bedrooms | 169 | 193 | +14.2% |
| 5+ Bedrooms | 65 | 77 | +18.5% |
Summary: The Snellville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 99 | 107 | +8.1% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snellville, you may be able to get a good deal. 37.3% of homes here sold below asking price last month.
Summary: A total of 107 homes were sold or pending in Snellville in April 2024, up by 8.1% month-over-month. Of the 102 sold homes, 37% were sold under asking, 29% were sold at asking, and 33% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 23 Days | -46.2% |
Summary: Homes in Snellville had an average of 23 days on market in Apr 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
4 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 April 2024, 107 homes were sold in Snellville; 71% 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.