Is Douglasville-Lithia Springs, 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, Douglasville-Lithia Springs has remained a Seller's Market.
Housing Prices in Douglasville-Lithia Springs, GA
How much do homes in Douglasville-Lithia Springs, GA cost?
Median Sold Price
$297,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Douglasville-Lithia Springs was $297,000 in April 2024, down 0.3% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | - | N/A |
2 Bedrooms | $183K | $180K | -1.6% |
3 Bedrooms | $269.9K | $259.9K | -3.7% |
4 Bedrooms | $328.9K | $338.5K | +2.9% |
5+ Bedrooms | $400K | $440.9K | +10.2% |
Summary: Douglasville-Lithia Springs 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 1.6%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
Douglasville | $317.8K | $324.9K | +2.2% |
Bill Arp | $318.7K | $324.5K | +1.8% |
Austell | $300K | $304.3K | +1.4% |
Douglasville-Lithia Springs | $297.9K | $297K | -0.3% |
Lithia Springs | $298.9K | $282.6K | -5.4% |
Housing Supply in Douglasville-Lithia Springs, GA
How many homes are available in Douglasville-Lithia Springs, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
370 | 402 | +8.6% |
Summary: The Douglasville-Lithia Springs real estate market had 402 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 15 | 25 | +66.7% |
3 Bedrooms | 142 | 159 | +12.0% |
4 Bedrooms | 139 | 146 | +5.0% |
5+ Bedrooms | 74 | 71 | -4.1% |
Summary: The Douglasville-Lithia Springs housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 4.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 81 | +8.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Douglasville-Lithia Springs in April 2024, up by 8.0% month-over-month. Of the 75 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.
Days on Market for Douglasville-Lithia Springs, GA
How long does it take to sell a home in Douglasville-Lithia Springs, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 40 Days | -15.2% |
Summary: Homes in Douglasville-Lithia Springs had an average of 40 days on market in Apr 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 81 homes were sold in Douglasville-Lithia Springs; 51% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.