Is Fairplay, 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, Fairplay has remained a Seller's Market.
Housing Prices in Fairplay, GA
How much do homes in Fairplay, GA cost?
Median Sold Price
$405,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fairplay was $405,000 in May 2024, up 5.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $161K | $209.7K | +30.3% |
3 Bedrooms | $329.9K | $329.9K | 0.0% |
4 Bedrooms | $424.5K | $439.4K | +3.5% |
5+ Bedrooms | $594.9K | $570K | -4.2% |
Summary: Fairplay 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 30.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
Chattahoochee Hills | $694K | $899K | +29.5% |
Fairplay | $385K | $405K | +5.2% |
Bill Arp | $316.1K | $325K | +2.8% |
Winston | $345K | $342.9K | -0.6% |
Housing Supply in Fairplay, GA
How many homes are available in Fairplay, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
81 | 94 | +16.0% |
Summary: The Fairplay real estate market had 94 homes for sale in May 2024, a 16.0% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 41 | 46 | +12.2% |
5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Fairplay 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 50%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 21 | +61.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Fairplay in May 2024, up by 61.5% month-over-month. Of the 19 sold homes, 47% were sold under asking, 11% were sold at asking, and 42% were sold over asking.
Days on Market for Fairplay, GA
How long does it take to sell a home in Fairplay, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 30 Days | -49.7% |
Summary: Homes in Fairplay had an average of 30 days on market in May 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Fairplay; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.