Is Vidalia, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Vidalia has remained a Seller's Market.
Key Takeaway
Vidalia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vidalia, GA
How much do homes in Vidalia, GA cost?
Median Sold Price
$270,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Vidalia have sold for 35% more than they did a year ago.
Summary: The median home sold price in Vidalia was $270,000 in March 2024, up 35% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | - | N/A |
| 2 Bedrooms | $21.7K | $109.7K | +404.6% |
| 3 Bedrooms | $205K | $235K | +14.6% |
| 4 Bedrooms | $200K | $325K | +62.5% |
| 5+ Bedrooms | $417.5K | $319.5K | -23.5% |
Summary: Vidalia 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 404.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes decreased by 23.5%.
Housing Supply in Vidalia, GA
How many homes are available in Vidalia, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Vidalia real estate market had 24 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Vidalia 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 remained the same, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vidalia, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Vidalia in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Vidalia, GA
How long does it take to sell a home in Vidalia, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 63 Days | +7.0% |
Summary: Homes in Vidalia had an average of 63 days on market in Mar 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Vidalia are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Vidalia; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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