Is Loganville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Loganville has remained a Seller's Market.
Housing Prices in Loganville, GA
How much do homes in Loganville, GA cost?
Median Sold Price
$399,011
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Loganville was $399,011 in May 2024, down 2.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132.5K | - | N/A |
2 Bedrooms | $267.5K | $282.4K | +5.6% |
3 Bedrooms | $335K | $332K | -0.9% |
4 Bedrooms | $409.8K | $404.9K | -1.2% |
5+ Bedrooms | $475K | $485.3K | +2.2% |
Summary: Loganville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
Snellville-Grayson | $385K | $389.8K | +1.3% |
Loganville | $407.6K | $399K | -2.1% |
Housing Supply in Loganville, GA
How many homes are available in Loganville, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
422 | 496 | +17.5% |
Summary: The Loganville real estate market had 496 homes for sale in May 2024, a 17.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 102 | 124 | +21.6% |
4 Bedrooms | 197 | 237 | +20.3% |
5+ Bedrooms | 116 | 125 | +7.8% |
Summary: The Loganville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 7.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
96 | 94 | -2.1% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in Loganville in May 2024, down by 2.1% month-over-month. Of the 90 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for Loganville, GA
How long does it take to sell a home in Loganville, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 24 Days | -41.5% |
Summary: Homes in Loganville had an average of 24 days on market in May 2024, down by 41.5% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 94 homes were sold in Loganville; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.