Is Statham, 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, Statham has remained a Seller's Market.
Housing Prices in Statham, GA
How much do homes in Statham, GA cost?
Median Sold Price
$394,950
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Statham was $394,950 in April 2024, up 25.4% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $195K | $215K | +10.3% |
3 Bedrooms | $285K | $325K | +14.0% |
4 Bedrooms | $370K | $399.9K | +8.1% |
5+ Bedrooms | $565.4K | $799.9K | +41.5% |
Summary: Statham 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 10.3%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 41.5%.
Housing Supply in Statham, GA
How many homes are available in Statham, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 98 | -5.8% |
Summary: The Statham real estate market had 98 homes for sale in April 2024, a 5.8% decrease 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 | 2 | 0.0% |
3 Bedrooms | 23 | 27 | +17.4% |
4 Bedrooms | 53 | 46 | -13.2% |
5+ Bedrooms | 26 | 23 | -11.5% |
Summary: The Statham 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 remained the same, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Statham in April 2024, down by 4.2% month-over-month. Of the 23 sold homes, 52% were sold under asking, 35% were sold at asking, and 13% were sold over asking.
Days on Market for Statham, GA
How long does it take to sell a home in Statham, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 36 Days | -19.5% |
Summary: Homes in Statham had an average of 36 days on market in Apr 2024, down by 19.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Statham; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.