Is Waverly, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waverly is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Waverly was a Seller's Market.

Key Takeaway

Waverly is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Waverly, GA

How much do homes in Waverly, GA cost?

Median Sold Price

$553,400

$233/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$96,439(+21.1%)

Key Takeaway

Homes in Waverly have sold for 21.1% more than they did a month ago.

Summary: The median home sold price in Waverly was $553,400 in March 2024, up 21.1% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $399.9K-
N/A
3 $320K$553.4K
+72.9%
4 $520.1K-
N/A
5+ --
N/A

Summary: Waverly housing prices by bedroom type for March 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 72.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Waverly, GA

How many homes are available in Waverly, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2023+15.0%

Summary: The Waverly real estate market had 23 homes for sale in March 2024, a 15.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 911
+22.2%
4 66
0.0%
5+ 34
+33.3%

Summary: The Waverly 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 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waverly, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Waverly in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Waverly, GA

How long does it take to sell a home in Waverly, GA?

Average Sale Time

Feb 2024Mar 2024CHANGE
31 Days42 Days+33.3%

Summary: Homes in Waverly had an average of 42 days on market in Mar 2024, up by 33.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Waverly; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

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