Is LaGrange, 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, LaGrange has remained a Seller's Market.
Housing Prices in LaGrange, GA
How much do homes in LaGrange, GA cost?
Median Sold Price
$262,800
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in LaGrange was $262,800 in April 2024, up 16.8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $48.5K | $45K | -7.2% |
2 Bedrooms | $100K | $129K | +29.0% |
3 Bedrooms | $192K | $234.9K | +22.4% |
4 Bedrooms | $334.9K | $349.9K | +4.5% |
5+ Bedrooms | $378.9K | $399.9K | +5.5% |
Summary: LaGrange housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
LaGrange | $225K | $262.8K | +16.8% |
West Point | $198K | $220K | +11.1% |
Hillcrest | $292.5K | $293.9K | 0.5% |
Housing Supply in LaGrange, GA
How many homes are available in LaGrange, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
223 | 215 | -3.6% |
Summary: The LaGrange real estate market had 215 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 25 | 22 | -12.0% |
3 Bedrooms | 94 | 98 | +4.3% |
4 Bedrooms | 76 | 71 | -6.6% |
5+ Bedrooms | 25 | 21 | -16.0% |
Summary: The LaGrange 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 12%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 16%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 47 | -6.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in LaGrange in April 2024, down by 6.0% month-over-month. Of the 43 sold homes, 49% were sold under asking, 23% were sold at asking, and 28% were sold over asking.
Days on Market for LaGrange, GA
How long does it take to sell a home in LaGrange, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 39 Days | +43.8% |
Summary: Homes in LaGrange had an average of 39 days on market in Apr 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in LaGrange; 68% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.