Is Varnell, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Varnell was a Seller's Market.
Housing Prices in Varnell, GA
How much do homes in Varnell, GA cost?
Median Sold Price
$380,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Varnell was $380,000 in May 2024, up 105.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | - | N/A |
2 Bedrooms | $136K | - | N/A |
3 Bedrooms | $180K | $270K | +50.0% |
4 Bedrooms | $365K | $419.9K | +15.0% |
5+ Bedrooms | $660K | $687.5K | +4.2% |
Summary: Varnell 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 did not change, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Varnell | $184.9K | $380K | +105.5% |
North Whitfield | $274.5K | $349.9K | +27.5% |
Housing Supply in Varnell, GA
How many homes are available in Varnell, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Summary: The Varnell real estate market had 11 homes for sale in May 2024, a 120.0% 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 | 2 | 4 | +100.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Varnell 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 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Varnell in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Varnell, GA
How long does it take to sell a home in Varnell, GA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Varnell; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.