Is Sugar Hill, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Sugar Hill is a seller's market


Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Sugar Hill, GA

How much do homes in Sugar Hill, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since January 2023.

Key Takeaway

The sold price of homes in Sugar Hill has remained the same since last year.

Summary: The median home sold price in Sugar Hill was $430,000 in January 2024, the same as last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
2 $320K$300K
3 $365K$360.5K
4 $441.2K$450K
5+ $600.7K$625.1K

Summary: Sugar Hill housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Cities

Buford-Sugar Hill
Sugar Hill

Housing Supply in Sugar Hill, GA

How many homes are available in Sugar Hill, GA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Sugar Hill real estate market had 103 homes for sale in January 2024, a 1.0% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
2 32
3 2731
4 4637
5+ 2633

Summary: The Sugar Hill housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 26.9%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugar Hill, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Sugar Hill in January 2024, down by 11.4% month-over-month. Of the 28 sold homes, 61% were sold under asking, 14% were sold at asking, and 25% were sold over asking.

Days on Market for Sugar Hill, GA

How long does it take to sell a home in Sugar Hill, GA?

Average Sale Time

Jan 2023Jan 2024CHANGE
64 Days36 Days-43.2%

Summary: Homes in Sugar Hill had an average of 36 days on market in Jan 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 31 homes were sold in Sugar Hill; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% 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 29 Days Ago

Newest Listings in Sugar Hill, GA

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