Is Sugar Valley-Resaca, 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 Valley-Resaca has remained a Seller's Market.
Key Takeaway
Sugar Valley-Resaca is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sugar Valley-Resaca, GA
How much do homes in Sugar Valley-Resaca, GA cost?
Median Sold Price
$269,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sugar Valley-Resaca have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Sugar Valley-Resaca was $269,000 in April 2024, up 12.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199K | $214.7K | +7.9% |
| 3 Bedrooms | $218.2K | $245K | +12.3% |
| 4 Bedrooms | $255K | $285K | +11.8% |
| 5+ Bedrooms | $300K | $650K | +116.7% |
Summary: Sugar Valley-Resaca 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 7.9%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 116.7%.
Median Sold Price Compared To Nearby Cities
| Sugar Valley-Resaca | $239K | $269K | +12.6% |
| Calhoun | $264.9K | $265K | 0.0% |
Housing Supply in Sugar Valley-Resaca, GA
How many homes are available in Sugar Valley-Resaca, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Sugar Valley-Resaca real estate market had 22 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Sugar Valley-Resaca 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 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 12 | +200.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Valley-Resaca, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Sugar Valley-Resaca in April 2024, up by 200.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Sugar Valley-Resaca, GA
How long does it take to sell a home in Sugar Valley-Resaca, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 23 Days | -52.1% |
Summary: Homes in Sugar Valley-Resaca had an average of 23 days on market in Apr 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sugar Valley-Resaca are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Sugar Valley-Resaca; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.