Is Sylvan Terrace, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sylvan Terrace is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sylvan Terrace has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sylvan Terrace, GA

How much do homes in Sylvan Terrace, GA cost?

Median Sold Price

$525,000

$284/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$222,000(+73.3%)

Key Takeaway

Homes in Sylvan Terrace have sold for 73.3% more than they did a month ago.

Summary: The median home sold price in Sylvan Terrace was $525,000 in April 2024, up 73.3% from last month, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $303K$525K
+73.3%
4 --
N/A
5+ --
N/A

Summary: Sylvan Terrace housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 73.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sylvan Terrace
+73.3%
Feiler Park / Hussars Terrace / Dittmerville
-0.3%

Housing Supply in Sylvan Terrace, GA

How many homes are available in Sylvan Terrace, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
220.0%

Summary: The Sylvan Terrace real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Sylvan Terrace housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sylvan Terrace, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Sylvan Terrace in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Sylvan Terrace, GA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 2 Days Ago

Newest Listings in Sylvan Terrace, GA

Nearby Markets to Sylvan Terrace, GA