Is Guyton-Springfield, 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, Guyton-Springfield has remained a Seller's Market.
Key Takeaway
Guyton-Springfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Guyton-Springfield, GA
How much do homes in Guyton-Springfield, GA cost?
Median Sold Price
$346,833
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Guyton-Springfield have sold for 18.2% more than they did a year ago.
Summary: The median home sold price in Guyton-Springfield was $346,833 in May 2024, up 18.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169K | $205.5K | +21.6% |
| 2 Bedrooms | $190K | $220K | +15.8% |
| 3 Bedrooms | $261K | $270K | +3.4% |
| 4 Bedrooms | $330.4K | $370K | +12.0% |
| 5+ Bedrooms | $409K | $411K | 0.5% |
Summary: Guyton-Springfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Guyton-Springfield | $293.5K | $346.8K | +18.2% |
| Guyton | $335K | $365.9K | +9.3% |
| Springfield | $254.4K | $260.5K | +2.4% |
| Shawnee | $257K | $235K | -8.6% |
Housing Supply in Guyton-Springfield, GA
How many homes are available in Guyton-Springfield, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 93 | 96 | +3.2% |
Summary: The Guyton-Springfield real estate market had 96 homes for sale in May 2024, a 3.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 39 | 44 | +12.8% |
| 4 Bedrooms | 31 | 28 | -9.7% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Guyton-Springfield 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 increased by 12.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guyton-Springfield, expect to pay close to the asking price. 44% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in Guyton-Springfield in May 2024, up by 8.3% month-over-month. Of the 25 sold homes, 32% were sold under asking, 44% were sold at asking, and 24% were sold over asking.
Days on Market for Guyton-Springfield, GA
How long does it take to sell a home in Guyton-Springfield, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 35 Days | +14.7% |
Summary: Homes in Guyton-Springfield had an average of 35 days on market in May 2024, up by 14.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Guyton-Springfield are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in Guyton-Springfield; 15% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
