Is Underwood Hills, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Underwood Hills has remained a Seller's Market.
Housing Prices in Underwood Hills, GA
How much do homes in Underwood Hills, GA cost?
Median Sold Price
$455,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Underwood Hills was $455,000 in April 2024, down 5% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175.5K | $175K | -0.3% |
2 Bedrooms | $392.5K | $425K | +8.3% |
3 Bedrooms | $554.1K | $550K | -0.7% |
4 Bedrooms | $600K | $699.5K | +16.6% |
5+ Bedrooms | $922.5K | $1.2M | +32.8% |
Summary: Underwood Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 32.8%.
Housing Supply in Underwood Hills, GA
How many homes are available in Underwood Hills, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 19 | -26.9% |
Summary: The Underwood Hills real estate market had 19 homes for sale in April 2024, a 26.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 6 | 3 | -50.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Underwood Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Underwood Hills in April 2024, up by 42.9% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Underwood Hills, GA
How long does it take to sell a home in Underwood Hills, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 16 Days | -8.6% |
Summary: Homes in Underwood Hills had an average of 16 days on market in Apr 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Underwood Hills; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.