Is Royston, 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, Royston has remained a Seller's Market.
Housing Prices in Royston, GA
How much do homes in Royston, GA cost?
Median Sold Price
$250,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Royston was $250,000 in May 2024, up 14.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $249K | +87.2% |
2 Bedrooms | $127.5K | $166K | +30.2% |
3 Bedrooms | $220K | $250K | +13.6% |
4 Bedrooms | $269.9K | $327.5K | +21.3% |
5+ Bedrooms | $402.4K | $315K | -21.7% |
Summary: Royston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.2%, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 21.7%.
Median Sold Price Compared To Nearby Cities
Broad River | $285K | $478.6K | +67.9% |
Royston | $217.5K | $250K | +14.9% |
Canon | $200K | $229.9K | +14.9% |
Royston | $217.5K | $249.5K | +14.7% |
Housing Supply in Royston, GA
How many homes are available in Royston, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 49 | -14.0% |
Summary: The Royston real estate market had 49 homes for sale in May 2024, a 14.0% decrease 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 | 8 | 4 | -50.0% |
3 Bedrooms | 38 | 34 | -10.5% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Royston 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 decreased by 50%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 9 | -55.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Royston in May 2024, down by 55.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Royston, GA
How long does it take to sell a home in Royston, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 74 Days | +154.1% |
Summary: Homes in Royston had an average of 74 days on market in May 2024, up by 154.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Royston; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.