Is Saint Marys, 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, Saint Marys has remained a Seller's Market.
Key Takeaway
Saint Marys is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Marys, GA
How much do homes in Saint Marys, GA cost?
Median Sold Price
$305,158
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Marys have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Saint Marys was $305,158 in May 2024, up 3.7% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $363.5K | N/A |
| 2 Bedrooms | $240K | $269K | +12.1% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $362.5K | $387.2K | +6.8% |
| 5+ Bedrooms | $349.9K | $457.9K | +30.9% |
Summary: Saint Marys 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 12.1%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 30.9%.
Housing Supply in Saint Marys, GA
How many homes are available in Saint Marys, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 162 | 142 | -12.3% |
Summary: The Saint Marys real estate market had 142 homes for sale in May 2024, a 12.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 93 | 78 | -16.1% |
| 4 Bedrooms | 47 | 42 | -10.6% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Saint Marys 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 remained the same, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 35 | -20.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Marys, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Saint Marys in May 2024, down by 20.5% month-over-month. Of the 32 sold homes, 53% were sold under asking, 28% were sold at asking, and 19% were sold over asking.
Days on Market for Saint Marys, GA
How long does it take to sell a home in Saint Marys, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 32 Days | +3.2% |
Summary: Homes in Saint Marys had an average of 32 days on market in May 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Marys are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 35 homes were sold in Saint Marys; 66% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% 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.