Is Stephens County, 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, Stephens County has remained a Seller's Market.
Housing Prices in Stephens County, GA
How much do homes in Stephens County, GA cost?
Median Sold Price
$229,266
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stephens County was $229,266 in March 2024, up 4.2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $129.5K | +52.4% |
2 Bedrooms | $140K | $150K | +7.1% |
3 Bedrooms | $225K | $239.5K | +6.4% |
4 Bedrooms | $315.5K | $327.5K | +3.8% |
5+ Bedrooms | $450K | $544.5K | +21.0% |
Summary: Stephens County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Counties
Oconee County | $324.9K | $354.5K | +9.1% |
Habersham County | $300K | $318.5K | +6.2% |
Franklin County | $249.8K | $264.7K | +6.0% |
Stephens County | $220K | $229.2K | +4.2% |
Housing Supply in Stephens County, GA
How many homes are available in Stephens County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
129 | 152 | +17.8% |
Summary: The Stephens County real estate market had 152 homes for sale in March 2024, a 17.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 24 | 29 | +20.8% |
3 Bedrooms | 73 | 82 | +12.3% |
4 Bedrooms | 21 | 30 | +42.9% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Stephens County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Stephens County in March 2024, up by 16.7% month-over-month. Of the 28 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for Stephens County, GA
How long does it take to sell a home in Stephens County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 61 Days | +109.3% |
Summary: Homes in Stephens County had an average of 61 days on market in Mar 2024, up by 109.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in Stephens County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.