Is Statesboro, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Statesboro has remained a Seller's Market.
Key Takeaway
Statesboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Statesboro, GA
How much do homes in Statesboro, GA cost?
Median Sold Price
$293,706
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Statesboro have sold for 41.9% more than they did a year ago.
Summary: The median home sold price in Statesboro was $293,706 in March 2024, up 41.9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.5K | - | N/A |
| 2 Bedrooms | $130K | $135K | +3.8% |
| 3 Bedrooms | $199.9K | $250K | +25.1% |
| 4 Bedrooms | $291.5K | $332.5K | +14.1% |
| 5+ Bedrooms | $255.1K | $399K | +56.4% |
Summary: Statesboro housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 25.1%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 56.4%.
Housing Supply in Statesboro, GA
How many homes are available in Statesboro, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 192 | 190 | -1.0% |
Summary: The Statesboro real estate market had 190 homes for sale in March 2024, a 1.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 79 | 79 | 0.0% |
| 4 Bedrooms | 78 | 81 | +3.8% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The Statesboro housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 67 | +11.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Statesboro, expect to pay close to the asking price. 51.6% of homes here sold near the asking price last month.
Summary: A total of 67 homes were sold or pending in Statesboro in March 2024, up by 11.7% month-over-month. Of the 62 sold homes, 32% were sold under asking, 52% were sold at asking, and 16% were sold over asking.
Days on Market for Statesboro, GA
How long does it take to sell a home in Statesboro, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 56 Days | +47.3% |
Summary: Homes in Statesboro had an average of 56 days on market in Mar 2024, up by 47.3% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Statesboro are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 67 homes were sold in Statesboro; 46% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 24% 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.