Is Teal Lake / Gateway Village / South Oaks / Canebrake Village, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Teal Lake / Gateway Village / South Oaks / Canebrake Village has remained a Seller's Market.
Key Takeaway
Teal Lake / Gateway Village / South Oaks / Canebrake Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Teal Lake / Gateway Village / South Oaks / Canebrake Village, GA
How much do homes in Teal Lake / Gateway Village / South Oaks / Canebrake Village, GA cost?
Median Sold Price
$410,000
$139/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Teal Lake / Gateway Village / South Oaks / Canebrake Village have sold for 1.3% less than they did a month ago.
Summary: The median home sold price in Teal Lake / Gateway Village / South Oaks / Canebrake Village was $410,000 in April 2024, down 1.3% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $410K | N/A |
| 5+ Bedrooms | $415.2K | - | N/A |
Summary: Teal Lake / Gateway Village / South Oaks / Canebrake Village 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Teal Lake / Gateway Village / South Oaks / Canebrake Village | $415.2K | $410K | -1.3% |
| Gateway Village | $415.2K | $380K | -8.5% |
Housing Supply in Teal Lake / Gateway Village / South Oaks / Canebrake Village, GA
How many homes are available in Teal Lake / Gateway Village / South Oaks / Canebrake Village, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Teal Lake / Gateway Village / South Oaks / Canebrake Village real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Teal Lake / Gateway Village / South Oaks / Canebrake Village 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 decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Teal Lake / Gateway Village / South Oaks / Canebrake Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Teal Lake / Gateway Village / South Oaks / Canebrake Village in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Teal Lake / Gateway Village / South Oaks / Canebrake Village, GA
We’re sorry, we don't have information for this market at the moment
