Is Royston, 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, Royston has remained a Seller's Market.
Key Takeaway
Royston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Royston, GA
How much do homes in Royston, GA cost?
Median Sold Price
$249,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Royston have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Royston was $249,500 in May 2024, up 14.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $249K | +87.2% |
| 2 Bedrooms | $135K | $164.2K | +21.7% |
| 3 Bedrooms | $218.7K | $250K | +14.3% |
| 4 Bedrooms | $269.9K | $320K | +18.5% |
| 5+ Bedrooms | $402.4K | $315K | -21.7% |
Summary: Royston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.2%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 21.7%.
Median Sold Price Compared To Nearby Cities
| Broad River | $285K | $478.6K | +67.9% |
| Canon | $191.7K | $223K | +16.3% |
| Canon | $200K | $229.9K | +14.9% |
| Royston | $217.5K | $250K | +14.9% |
| Royston | $217.5K | $249.5K | +14.7% |
Housing Supply in Royston, GA
How many homes are available in Royston, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 57 | -8.1% |
Summary: The Royston real estate market had 57 homes for sale in May 2024, a 8.1% decrease 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 | 10 | 7 | -30.0% |
| 3 Bedrooms | 39 | 36 | -7.7% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Royston 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 decreased by 30%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 10 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Royston, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Royston in May 2024, down by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% were sold over asking.
Days on Market for Royston, GA
How long does it take to sell a home in Royston, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 74 Days | +152.8% |
Summary: Homes in Royston had an average of 74 days on market in May 2024, up by 152.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Royston are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Royston; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 Classic MLS. Information deemed reliable but not guaranteed. 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. Information deemed reliable but not guaranteed. 
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.