Is Statham, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Statham is a seller's market


Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Statham, GA

How much do homes in Statham, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Statham have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Statham was $395,000 in May 2024, up 9.8% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
2 $201K$225K
3 $289.5K$326K
4 $375K$400K
5+ $572.4K$814.4K

Summary: Statham housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 42.3%.

Housing Supply in Statham, GA

How many homes are available in Statham, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Statham real estate market had 123 homes for sale in May 2024, a 7.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 34
3 2523
4 6962
5+ 3634

Summary: The Statham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 5.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Statham, you could pay more than the asking price. 45.2% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in Statham in May 2024, down by 13.9% month-over-month. Of the 31 sold homes, 29% were sold under asking, 26% were sold at asking, and 45% 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

May 2023May 2024CHANGE
48 Days41 Days-14.6%

Summary: Homes in Statham had an average of 41 days on market in May 2024, down by 14.6% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Statham are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 31 homes were sold in Statham; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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