Is Shawnee, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shawnee is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Shawnee was a Seller's Market.

Key Takeaway

Shawnee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Shawnee, GA

How much do homes in Shawnee, GA cost?

Median Sold Price

$252,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,500(-1.8%)

Key Takeaway

Homes in Shawnee have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Shawnee was $252,500 in April 2024, down 1.8% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $109K$175K
+60.6%
3 $255K$235K
-7.8%
4 $333.4K$290.1K
-13.0%
5+ --
N/A

Summary: Shawnee 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 increased by 60.6%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

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

Housing Supply in Shawnee, GA

How many homes are available in Shawnee, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1312-7.7%

Summary: The Shawnee real estate market had 12 homes for sale in April 2024, a 7.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 65
-16.7%
5+ 11
0.0%

Summary: The Shawnee 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 remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shawnee, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Shawnee in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Shawnee, GA

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Shawnee; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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

Newest Listings in Shawnee, GA

Nearby Markets to Shawnee, GA

What housing markets are near Shawnee, GA?