Is Statesboro, 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, Statesboro has remained a Seller's Market.
Housing Prices in Statesboro, GA
How much do homes in Statesboro, GA cost?
Median Sold Price
$294,600
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Statesboro was $294,600 in April 2024, up 31.4% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82K | - | N/A |
2 Bedrooms | $149.4K | $136.3K | -8.8% |
3 Bedrooms | $205K | $250K | +22.0% |
4 Bedrooms | $299K | $332.5K | +11.2% |
5+ Bedrooms | $317.4K | $418K | +31.7% |
Summary: Statesboro 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 decreased by 8.8%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 31.7%.
Housing Supply in Statesboro, GA
How many homes are available in Statesboro, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
200 | 206 | +3.0% |
Summary: The Statesboro real estate market had 206 homes for sale in April 2024, a 3.0% 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 | 14 | 11 | -21.4% |
3 Bedrooms | 83 | 85 | +2.4% |
4 Bedrooms | 86 | 87 | +1.2% |
5+ Bedrooms | 17 | 23 | +35.3% |
Summary: The Statesboro 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 21.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 35.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 46 | -24.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Statesboro in April 2024, down by 24.6% month-over-month. Of the 44 sold homes, 30% were sold under asking, 39% were sold at asking, and 32% were sold over asking.
Days on Market for Statesboro, GA
How long does it take to sell a home in Statesboro, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 39 Days | -8.8% |
Summary: Homes in Statesboro had an average of 39 days on market in Apr 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 46 homes were sold in Statesboro; 59% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.