Is Stockbridge, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Stockbridge was a Seller's Market.
Key Takeaway
Stockbridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stockbridge, GA
How much do homes in Stockbridge, GA cost?
Median Sold Price
$302,240
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stockbridge have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Stockbridge was $302,240 in March 2024, down 4.4% 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 | - | - | N/A |
| 2 Bedrooms | $192K | $209K | +8.9% |
| 3 Bedrooms | $275K | $275K | 0.0% |
| 4 Bedrooms | $360K | $345K | -4.2% |
| 5+ Bedrooms | $420.3K | $430.5K | +2.4% |
Summary: Stockbridge 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 8.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in Stockbridge, GA
How many homes are available in Stockbridge, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 274 | 339 | +23.7% |
Summary: The Stockbridge real estate market had 339 homes for sale in March 2024, a 23.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 18 | +80.0% |
| 3 Bedrooms | 160 | 175 | +9.4% |
| 4 Bedrooms | 57 | 81 | +42.1% |
| 5+ Bedrooms | 46 | 64 | +39.1% |
Summary: The Stockbridge 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 increased by 80%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes increased by 39.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 48 | +9.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stockbridge, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Stockbridge in March 2024, up by 9.1% month-over-month. Of the 43 sold homes, 40% were sold under asking, 28% were sold at asking, and 33% were sold over asking.
Days on Market for Stockbridge, GA
How long does it take to sell a home in Stockbridge, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 40 Days | -5.7% |
Summary: Homes in Stockbridge had an average of 40 days on market in Mar 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stockbridge are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 48 homes were sold in Stockbridge; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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.