Is Sugar Valley-Resaca, 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, Sugar Valley-Resaca was a Seller's Market.
Key Takeaway
Sugar Valley-Resaca is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sugar Valley-Resaca, GA
How much do homes in Sugar Valley-Resaca, GA cost?
Median Sold Price
$269,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sugar Valley-Resaca have sold for 8% more than they did a year ago.
Summary: The median home sold price in Sugar Valley-Resaca was $269,000 in March 2024, up 8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.5K | $238.4K | +30.6% |
| 3 Bedrooms | $221.2K | $245K | +10.7% |
| 4 Bedrooms | $272K | $277.4K | +2.0% |
| 5+ Bedrooms | $398K | $650K | +63.3% |
Summary: Sugar Valley-Resaca 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 30.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 63.3%.
Median Sold Price Compared To Nearby Cities
| Resaca | $221.5K | $247.7K | +11.8% |
| Sugar Valley-Resaca | $249K | $269K | +8.0% |
| Calhoun | $264.6K | $265.1K | 0.2% |
Housing Supply in Sugar Valley-Resaca, GA
How many homes are available in Sugar Valley-Resaca, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Summary: The Sugar Valley-Resaca real estate market had 25 homes for sale in March 2024, a 19.0% 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 | 4 | 7 | +75.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sugar Valley-Resaca 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 75%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Valley-Resaca, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sugar Valley-Resaca in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Sugar Valley-Resaca, GA
How long does it take to sell a home in Sugar Valley-Resaca, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 17 Days | 96 Days | +440.4% |
Summary: Homes in Sugar Valley-Resaca had an average of 96 days on market in Mar 2024, up by 440.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sugar Valley-Resaca are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Sugar Valley-Resaca; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.