Is Snellville-Grayson, 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, Snellville-Grayson has remained a Seller's Market.
Housing Prices in Snellville-Grayson, GA
How much do homes in Snellville-Grayson, GA cost?
Median Sold Price
$388,143
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Snellville-Grayson was $388,143 in April 2024, up 1.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | - | N/A |
2 Bedrooms | $255K | $289K | +13.3% |
3 Bedrooms | $325.2K | $335K | +3.0% |
4 Bedrooms | $394.6K | $395K | 0.1% |
5+ Bedrooms | $490K | $499.1K | +1.9% |
Summary: Snellville-Grayson 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 13.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
Lawrenceville | $375K | $385K | +2.7% |
Snellville-Grayson | $384K | $388.1K | +1.1% |
Snellville | $360.2K | $360K | -0.1% |
Loganville | $402.3K | $397.9K | -1.1% |
Grayson | $447.2K | $440K | -1.6% |
Housing Supply in Snellville-Grayson, GA
How many homes are available in Snellville-Grayson, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
792 | 909 | +14.8% |
Summary: The Snellville-Grayson real estate market had 909 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 234 | 278 | +18.8% |
4 Bedrooms | 326 | 374 | +14.7% |
5+ Bedrooms | 228 | 250 | +9.6% |
Summary: The Snellville-Grayson 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 75%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 9.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
198 | 206 | +4.0% |
Asking Price vs. Sold Price
73 Homes Were Sold
Under Asking
61 Homes Were Sold
At Asking
64 Homes Were Sold
Over Asking
Summary: A total of 206 homes were sold or pending in Snellville-Grayson in April 2024, up by 4.0% month-over-month. Of the 198 sold homes, 37% were sold under asking, 31% were sold at asking, and 32% were sold over asking.
Days on Market for Snellville-Grayson, GA
How long does it take to sell a home in Snellville-Grayson, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 29 Days | -23.8% |
Summary: Homes in Snellville-Grayson had an average of 29 days on market in Apr 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
135 Homes Were Sold
Under 30 Days
55 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 206 homes were sold in Snellville-Grayson; 66% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.