Is Southwest Butts, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southwest Butts is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Southwest Butts has remained a Seller's Market.

Key Takeaway

Southwest Butts is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Southwest Butts, GA cost?

Median Sold Price

$250,995

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$31,250(+14.2%)

Key Takeaway

Homes in Southwest Butts have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $152.4K$139.9K
-8.2%
3 $192.9K$240K
+24.4%
4 $230K$259.9K
+13.0%
5+ $250.4K$309.9K
+23.8%

Median Sold Price Compared To Nearby Cities

Towalaga
+31.6%
Southwest Butts
+14.2%

How many homes are available in Southwest Butts, GA?

Number of Homes For Sale

Apr 2022May 2022%
2320-13.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 129
-25.0%
5+ 23
+50.0%

Number of Homes Sold

Apr 2022May 2022%
711+57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southwest Butts, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
29 Days8 Days-72.4%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southwest Butts 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 Southwest Butts, GA

Number of homes for sale in Southwest Butts, GA real estate market have reached 20. In May 2022 in Southwest Butts, GA there were 13% less homes for sale than in April 2022. In May 2022 median list price was $250,995 and the average listing age was 8 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went down by 8.2%, the cost of 3 bedrooms properties went up by 24.4%, 4 bedrooms properties became 13% more expensive, 5 bedrooms properties became 23.8% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went down by 11.1%, the quantity of 4 bedrooms homes went down by 25%, number of 5 bedrooms homes increased by 50%. Southwest Butts, GA housing market in May 2022 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 1 sold below.

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