Is Little River, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little River is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Little River was a Buyer's Market.

Key Takeaway

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

Housing Prices in Little River, GA

How much do homes in Little River, GA cost?

Median Sold Price

$350,950

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$14,050(-3.8%)

Key Takeaway

Homes in Little River have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Little River was $350,950 in April 2024, down 3.8% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $225K$119K
-47.1%
2 $299.9K$341.5K
+13.9%
3 $375K$335K
-10.7%
4 $620K$550K
-11.3%
5+ $400K$521.8K
+30.5%

Summary: Little River housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.1%, 2 bedroom homes increased by 13.9%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes increased by 30.5%.

Median Sold Price Compared To Nearby Cities

Eatonton
+13.7%
Phoenix
-0.7%
Little River
-3.8%

Housing Supply in Little River, GA

How many homes are available in Little River, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5061+22.0%

Summary: The Little River real estate market had 61 homes for sale in April 2024, a 22.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 810
+25.0%
3 2936
+24.1%
4 1012
+20.0%
5+ 11
0.0%

Summary: The Little River 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 increased by 25%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
613+116.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little River, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Little River in April 2024, up by 116.7% month-over-month. Of the 13 sold homes, 85% were sold under asking, 8% were sold at asking, and 8% were sold over asking.

Days on Market for Little River, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
80 Days65 Days-18.5%

Summary: Homes in Little River had an average of 65 days on market in Apr 2024, down by 18.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Little River has remained consistent over time.

Summary: During April 2024, 13 homes were sold in Little River; 23% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% 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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