Is Silver Creek, 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, Silver Creek has remained a Seller's Market.
Housing Prices in Silver Creek, GA
How much do homes in Silver Creek, GA cost?
Median Sold Price
$237,900
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Silver Creek was $237,900 in April 2024, up 1.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $20K | N/A |
2 Bedrooms | $164K | $204K | +24.4% |
3 Bedrooms | $215K | $223K | +3.7% |
4 Bedrooms | $267.5K | $269K | +0.6% |
5+ Bedrooms | $433.7K | $265K | -38.9% |
Summary: Silver Creek 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 24.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 38.9%.
Median Sold Price Compared To Nearby Cities
Lindale | $169.9K | $200K | +17.7% |
Silver Creek | $234K | $237.9K | +1.7% |
Housing Supply in Silver Creek, GA
How many homes are available in Silver Creek, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 26 | +23.8% |
Summary: The Silver Creek real estate market had 26 homes for sale in April 2024, a 23.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 17 | +70.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Silver Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 70%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Silver Creek in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Silver Creek, GA
How long does it take to sell a home in Silver Creek, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 29 Days | +150.8% |
Summary: Homes in Silver Creek had an average of 29 days on market in Apr 2024, up by 150.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Silver Creek; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.