Is South Historic District, 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, South Historic District was a Seller's Market.
Key Takeaway
South Historic District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Historic District, GA
How much do homes in South Historic District, GA cost?
Median Sold Price
$944,500
$485/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in South Historic District have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in South Historic District was $944,500 in May 2024, down 4.1% from last year, and the median price per square foot was $485.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $472K | $435K | -7.8% |
| 2 Bedrooms | $637.5K | $660K | +3.5% |
| 3 Bedrooms | $1.0M | $1.0M | +4.8% |
| 4 Bedrooms | $1.0M | $1.7M | +72.2% |
| 5+ Bedrooms | $2.2M | $2.7M | +20.0% |
Summary: South Historic District housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 72.2%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Neighborhoods
| South Historic District | $985K | $944.5K | -4.1% |
| East Victorian District | $578.5K | $497.5K | -14.0% |
Housing Supply in South Historic District, GA
How many homes are available in South Historic District, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Summary: The South Historic District real estate market had 30 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The South Historic District housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Historic District, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in South Historic District in May 2024, down by 80.0% 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 South Historic District, GA
We’re sorry, we don't have information for this market at the moment
