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.
Key Takeaway
Fairplay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
Homes in Fairplay have sold for 5.2% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Fairplay, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Fairplay are selling fast, if you're buying plan to act quickly.
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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.