Is Godley Station, 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, Godley Station has remained a Seller's Market.
Key Takeaway
Godley Station is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Godley Station, GA
How much do homes in Godley Station, GA cost?
Median Sold Price
$355,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Godley Station have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Godley Station was $355,000 in May 2024, up 10.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $211.4K | $215K | +1.7% |
| 3 Bedrooms | $300K | $323.2K | +7.8% |
| 4 Bedrooms | $341K | $362.5K | +6.3% |
| 5+ Bedrooms | $382K | $441K | +15.5% |
Summary: Godley Station 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 1.7%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 15.5%.
Housing Supply in Godley Station, GA
How many homes are available in Godley Station, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 | 64 | +18.5% |
Summary: The Godley Station real estate market had 64 homes for sale in May 2024, a 18.5% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 16 | 23 | +43.8% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Godley Station 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 31 | +121.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Godley Station, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Godley Station in May 2024, up by 121.4% month-over-month. Of the 31 sold homes, 45% were sold under asking, 26% were sold at asking, and 29% were sold over asking.
Days on Market for Godley Station, GA
How long does it take to sell a home in Godley Station, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 12 Days | -6.3% |
Summary: Homes in Godley Station had an average of 12 days on market in May 2024, down by 6.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Godley Station are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 31 homes were sold in Godley Station; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
