Is Kingsland, 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, Kingsland has remained a Seller's Market.
Key Takeaway
Kingsland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kingsland, GA
How much do homes in Kingsland, GA cost?
Median Sold Price
$302,696
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Kingsland have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Kingsland was $302,696 in May 2024, up 2.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225K | N/A |
| 2 Bedrooms | $220K | $223K | +1.4% |
| 3 Bedrooms | $265K | $282K | +6.4% |
| 4 Bedrooms | $354.9K | $353.7K | -0.3% |
| 5+ Bedrooms | $348K | $389.3K | +11.9% |
Summary: Kingsland 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 1.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Cities
| Saint Marys | $294.2K | $305.1K | +3.7% |
| Kingsland | $295.5K | $302.6K | +2.4% |
Housing Supply in Kingsland, GA
How many homes are available in Kingsland, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 181 | 160 | -11.6% |
Summary: The Kingsland real estate market had 160 homes for sale in May 2024, a 11.6% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 94 | 89 | -5.3% |
| 4 Bedrooms | 68 | 56 | -17.6% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Kingsland 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 14.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingsland, expect to pay close to the asking price. 41.5% of homes here sold near the asking price last month.
Summary: A total of 43 homes were sold or pending in Kingsland in May 2024, down by 6.5% month-over-month. Of the 41 sold homes, 37% were sold under asking, 41% were sold at asking, and 22% were sold over asking.
Days on Market for Kingsland, GA
How long does it take to sell a home in Kingsland, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 26 Days | 60 Days | +133.3% |
Summary: Homes in Kingsland had an average of 60 days on market in May 2024, up by 133.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kingsland are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 43 homes were sold in Kingsland; 49% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
