Is Sugar Hill, 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, Sugar Hill has remained a Seller's Market.
Housing Prices in Sugar Hill, GA
How much do homes in Sugar Hill, GA cost?
Median Sold Price
$444,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sugar Hill was $444,000 in April 2024, up 3.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $306K | $300K | -2.0% |
3 Bedrooms | $366.8K | $368K | 0.3% |
4 Bedrooms | $445K | $465K | +4.5% |
5+ Bedrooms | $595K | $625.1K | +5.1% |
Summary: Sugar Hill 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 2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Suwanee-Duluth | $462.6K | $513.4K | +11.0% |
Suwanee | $545.3K | $599.8K | +10.0% |
Buford | $451.4K | $475.2K | +5.3% |
Buford-Sugar Hill | $460K | $480K | +4.3% |
Sugar Hill | $430K | $444K | +3.3% |
Housing Supply in Sugar Hill, GA
How many homes are available in Sugar Hill, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
124 | 151 | +21.8% |
Summary: The Sugar Hill real estate market had 151 homes for sale in April 2024, a 21.8% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 41 | 47 | +14.6% |
4 Bedrooms | 48 | 58 | +20.8% |
5+ Bedrooms | 32 | 45 | +40.6% |
Summary: The Sugar Hill 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 66.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 40.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 37 | +2.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Sugar Hill in April 2024, up by 2.8% month-over-month. Of the 37 sold homes, 41% were sold under asking, 14% were sold at asking, and 46% were sold over asking.
Days on Market for Sugar Hill, GA
How long does it take to sell a home in Sugar Hill, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 16 Days | -18.2% |
Summary: Homes in Sugar Hill had an average of 16 days on market in Apr 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 37 homes were sold in Sugar Hill; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.