Is Devereux, 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, Devereux has remained a Seller's Market.
Key Takeaway
Devereux is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Devereux, GA
How much do homes in Devereux, GA cost?
Median Sold Price
$425,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Devereux have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Devereux was $425,000 in May 2024, up 13.3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $259K | $290K | +12.0% |
| 3 Bedrooms | $365K | $425K | +16.4% |
| 4 Bedrooms | $664.9K | $507.5K | -23.7% |
| 5+ Bedrooms | $682K | $552.4K | -19.0% |
Summary: Devereux 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%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes decreased by 19%.
Median Sold Price Compared To Nearby Cities
| Devereux | $375K | $425K | +13.3% |
| Little River | $334.5K | $351.9K | +5.2% |
| Phoenix | $450K | $460K | +2.2% |
Housing Supply in Devereux, GA
How many homes are available in Devereux, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Summary: The Devereux real estate market had 31 homes for sale in May 2024, a 3.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Devereux 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 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Devereux, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Devereux in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Devereux, GA
How long does it take to sell a home in Devereux, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 49 Days | +41.0% |
Summary: Homes in Devereux had an average of 49 days on market in May 2024, up by 41% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Devereux are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Devereux; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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.