Is Sandersville, 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, Sandersville has remained a Seller's Market.
Housing Prices in Sandersville, GA
How much do homes in Sandersville, GA cost?
Median Sold Price
$180,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sandersville was $180,000 in May 2024, up 0.8% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $154K | $132.5K | -14.0% |
3 Bedrooms | $168.9K | $172K | +1.8% |
4 Bedrooms | $159K | $344.5K | +116.7% |
5+ Bedrooms | $344.9K | $320K | -7.2% |
Summary: Sandersville 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 decreased by 14%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes decreased by 7.2%.
Housing Supply in Sandersville, GA
How many homes are available in Sandersville, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 34 | +6.3% |
Summary: The Sandersville real estate market had 34 homes for sale in May 2024, a 6.3% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Sandersville 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 50%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 8 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Sandersville in May 2024, up by 300.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Sandersville, GA
How long does it take to sell a home in Sandersville, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
85 Days | 41 Days | -51.0% |
Summary: Homes in Sandersville had an average of 41 days on market in May 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Sandersville; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.