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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Devereux is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Devereux was a Seller's Market.

Key Takeaway

Devereux is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Devereux, GA

How much do homes in Devereux, GA cost?

Median Sold Price

$428,000

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$57,000(-11.8%)

Key Takeaway

Homes in Devereux have sold for 11.8% less than they did a year ago.

Summary: The median home sold price in Devereux was $428,000 in April 2024, down 11.8% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$230K
N/A
2 $295K$282.5K
-4.2%
3 $485K$435K
-10.3%
4 $679.9K$515K
-24.3%
5+ $682K$552.4K
-19.0%

Summary: Devereux housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 19%.

Median Sold Price Compared To Nearby Cities

Phoenix
-0.7%
Little River
-3.8%
Devereux
-11.8%

Housing Supply in Devereux, GA

How many homes are available in Devereux, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3134+9.7%

Summary: The Devereux real estate market had 34 homes for sale in April 2024, a 9.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 44
0.0%
3 1618
+12.5%
4 78
+14.3%
5+ 22
0.0%

Summary: The Devereux 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 increased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Devereux, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Devereux in April 2024, up by 66.7% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Devereux, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
71 Days62 Days-11.5%

Summary: Homes in Devereux had an average of 62 days on market in Apr 2024, down by 11.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Devereux; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 15 Days Ago

Newest Listings in Devereux, GA

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