Is South Historic District, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, South Historic District was a Seller's Market.
Key Takeaway
South Historic District 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 South Historic District, GA
How much do homes in South Historic District, GA cost?
Median Sold Price
$929,500
$488/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Historic District have sold for 7% less than they did a year ago.
Summary: The median home sold price in South Historic District was $929,500 in April 2024, down 7% from last year, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $435K | $435K | 0.0% |
| 2 Bedrooms | $625K | $660K | +5.6% |
| 3 Bedrooms | $1.1M | $1.0M | -0.2% |
| 4 Bedrooms | $1.3M | $1.7M | +31.9% |
| 5+ Bedrooms | $2.4M | $2.7M | +13.3% |
Summary: South Historic District 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 increased by 5.6%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes increased by 13.3%.
Housing Supply in South Historic District, GA
How many homes are available in South Historic District, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The South Historic District real estate market had 30 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The South Historic District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Historic District, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South Historic District in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for South Historic District, GA
We’re sorry, we don't have information for this market at the moment
