Is Garden City, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garden City is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Garden City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Garden City, GA

How much do homes in Garden City, GA cost?

Median Sold Price

$295,000

$192/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$10,000(+3.5%)

Key Takeaway

Homes in Garden City have sold for 3.5% more than they did a month ago.

Summary: The median home sold price in Garden City was $295,000 in April 2024, up 3.5% from last month, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $285K$231K
-18.9%
3 $209.6K$233.5K
+11.4%
4 $316.8K$295K
-6.9%
5+ -$1.1M
N/A

Summary: Garden City housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.

Housing Supply in Garden City, GA

How many homes are available in Garden City, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1619+18.8%

Summary: The Garden City real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 59
+80.0%
4 44
0.0%
5+ 33
0.0%

Summary: The Garden City 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 decreased by 25%, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garden City, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Garden City in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Garden City, GA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 11 Days Ago

Newest Listings in Garden City, GA

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