Is Guyton-Springfield, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guyton-Springfield is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Guyton-Springfield has remained a Seller's Market.

Key Takeaway

Guyton-Springfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Guyton-Springfield, GA

How much do homes in Guyton-Springfield, GA cost?

Median Sold Price

$345,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$38,683(+12.6%)

Key Takeaway

Homes in Guyton-Springfield have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Guyton-Springfield was $345,000 in April 2024, up 12.6% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $169K$205.5K
+21.6%
2 $191.2K$220K
+15.0%
3 $266.4K$265K
-0.5%
4 $340K$367.4K
+8.1%
5+ $410K$411K
0.2%

Summary: Guyton-Springfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Cities

Guyton-Springfield
+12.6%
Guyton
+10.6%
Springfield
+2.3%
Clyo
-0.9%
Shawnee
-1.8%

Housing Supply in Guyton-Springfield, GA

How many homes are available in Guyton-Springfield, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8691+5.8%

Summary: The Guyton-Springfield real estate market had 91 homes for sale in April 2024, a 5.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2937
+27.6%
4 3031
+3.3%
5+ 2622
-15.4%

Summary: The Guyton-Springfield 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 27.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2224+9.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guyton-Springfield, expect to pay close to the asking price. 43.5% of homes here sold near the asking price last month.

Summary: A total of 24 homes were sold or pending in Guyton-Springfield in April 2024, up by 9.1% month-over-month. Of the 23 sold homes, 35% were sold under asking, 43% were sold at asking, and 22% were sold over asking.

Days on Market for Guyton-Springfield, GA

How long does it take to sell a home in Guyton-Springfield, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days22 Days-1.3%

Summary: Homes in Guyton-Springfield had an average of 22 days on market in Apr 2024, down by 1.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 24 homes were sold in Guyton-Springfield; 38% of homes were sold within 30 days, 8% 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 14 Days Ago

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