Is Snellville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Snellville has remained a Seller's Market.
Housing Prices in Snellville, GA
How much do homes in Snellville, GA cost?
Median Sold Price
$360,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Snellville was $360,000 in April 2024, down 0.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $330K | $315K | -4.5% |
3 Bedrooms | $317.5K | $318.2K | 0.2% |
4 Bedrooms | $380K | $375.7K | -1.1% |
5+ Bedrooms | $478K | $480K | 0.4% |
Summary: Snellville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
Snellville-Grayson | $384K | $388.1K | +1.1% |
Snellville | $360.2K | $360K | -0.1% |
Housing Supply in Snellville, GA
How many homes are available in Snellville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
384 | 428 | +11.5% |
Summary: The Snellville real estate market had 428 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 148 | 155 | +4.7% |
4 Bedrooms | 169 | 193 | +14.2% |
5+ Bedrooms | 65 | 77 | +18.5% |
Summary: The Snellville housing inventory by bedroom type for April 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 4.7%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 107 | +8.1% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 107 homes were sold or pending in Snellville in April 2024, up by 8.1% month-over-month. Of the 102 sold homes, 37% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for Snellville, GA
How long does it take to sell a home in Snellville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 23 Days | -46.2% |
Summary: Homes in Snellville had an average of 23 days on market in Apr 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 107 homes were sold in Snellville; 71% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.