Is Grantville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grantville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Grantville has remained a Seller's Market.

Key Takeaway

Grantville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Grantville, GA

How much do homes in Grantville, GA cost?

Median Sold Price

$298,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$12,025(+4.2%)

Key Takeaway

Homes in Grantville have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Grantville was $298,000 in May 2024, up 4.2% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $110K$74.2K
-32.5%
3 $255.9K$287.5K
+12.3%
4 $389.9K$370K
-5.1%
5+ $334.9K$333.5K
-0.4%

Summary: Grantville 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 decreased by 32.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 0.4%.

Housing Supply in Grantville, GA

How many homes are available in Grantville, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3038+26.7%

Summary: The Grantville real estate market had 38 homes for sale in May 2024, a 26.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1321
+61.5%
4 1414
0.0%
5+ 22
0.0%

Summary: The Grantville 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 remained the same, 3 bedroom homes increased by 61.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
512+140.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grantville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Grantville in May 2024, up by 140.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Grantville, GA

How long does it take to sell a home in Grantville, GA?

Average Sale Time

May 2023May 2024CHANGE
69 Days67 Days-4.1%

Summary: Homes in Grantville had an average of 67 days on market in May 2024, down by 4.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grantville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 12 homes were sold in Grantville; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Grantville, GA

Nearby Markets to Grantville, GA