Is Villa Rica, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Villa Rica is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Villa Rica has remained a Seller's Market.

Key Takeaway

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

How much do homes in Villa Rica, GA cost?

Median Sold Price

$308,550

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$58,450(+23.4%)

Key Takeaway

Homes in Villa Rica have sold for 23.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $183.7K$157K
-14.6%
3 $223.7K$269K
+20.2%
4 $258K$330K
+27.9%
5+ $309.9K$400K
+29.1%

Median Sold Price Compared To Nearby Cities

Winston
+32.2%
Villa Rica
+23.4%

How many homes are available in Villa Rica, GA?

Number of Homes For Sale

Aug 2022Sep 2022%
110102-7.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 98
-11.1%
3 4544
-2.2%
4 3832
-15.8%
5+ 1818
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
3821-44.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Villa Rica, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
15 Days14 Days-8.4%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Villa Rica are selling fast, if you're buying plan to act quickly.

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

About Villa Rica, GA

Number of homes for sale in Villa Rica, GA real estate market have reached 102. In September 2022 in Villa Rica, GA there were 7.3% less homes for sale than in August 2022. In September 2022, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $308,550. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 14.6%, prices of 3 bedrooms properties increased by 20.2%, prices of 4 bedrooms properties went up by 27.9%, prices of 5 bedrooms properties increased by 29.1%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 11.1%, 3 bedrooms homes became 2.2% less available, 4 bedrooms homes inventory decreased by 15.8%, volume of 5 bedrooms homes stayed the same. Over 2 listings were sold over their listed price in September 2022 in Villa Rica, GA. In the same period over 11 listings were sold below the listed price and 5 listings were sold for the listed price.

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