Is Sylvania, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sylvania was a Seller's Market.
Housing Prices in Sylvania, GA
How much do homes in Sylvania, GA cost?
Median Sold Price
$215,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sylvania was $215,000 in April 2024, up 38.7% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $109K | $215K | +97.2% |
3 Bedrooms | $179K | $190K | +6.1% |
4 Bedrooms | $155K | $277K | +78.7% |
5+ Bedrooms | $206K | $349.9K | +69.9% |
Summary: Sylvania 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 increased by 97.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 78.7%, and 5+ bedroom homes increased by 69.9%.
Housing Supply in Sylvania, GA
How many homes are available in Sylvania, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Summary: The Sylvania real estate market had 25 homes for sale in April 2024, a 3.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sylvania 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 remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Sylvania in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sylvania, GA
How long does it take to sell a home in Sylvania, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 73 Days | +116.9% |
Summary: Homes in Sylvania had an average of 73 days on market in Apr 2024, up by 116.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Sylvania; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.