Is Loganville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loganville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Loganville has remained a Seller's Market.

Key Takeaway

Loganville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$8,668(-2.1%)

Key Takeaway

Homes in Loganville have sold for 2.1% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $132.5K-
N/A
2 $267.5K$282.4K
+5.6%
3 $335K$332K
-0.9%
4 $409.8K$404.9K
-1.2%
5+ $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
+1.3%
Loganville
-2.1%

Housing Supply in Loganville, GA

How many homes are available in Loganville, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
422496+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 102124
+21.6%
4 197237
+20.3%
5+ 116125
+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 2024May 2024CHANGE
9694-2.1%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loganville, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

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 2023May 2024CHANGE
42 Days24 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Loganville are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Loganville, GA

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