Is Ludville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ludville was a Seller's Market.
Housing Prices in Ludville, GA
How much do homes in Ludville, GA cost?
Median Sold Price
$343,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ludville was $343,000 in May 2024, up 0.1% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80.5K | - | N/A |
2 Bedrooms | $275K | $288.4K | +4.9% |
3 Bedrooms | $356.2K | $339K | -4.8% |
4 Bedrooms | $290K | $450K | +55.2% |
5+ Bedrooms | $557.4K | $289.9K | -48.0% |
Summary: Ludville 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 4.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 55.2%, and 5+ bedroom homes decreased by 48%.
Median Sold Price Compared To Nearby Cities
Carters Lake | $399.3K | $420.1K | +5.2% |
Ludville | $342.5K | $343K | 0.1% |
Housing Supply in Ludville, GA
How many homes are available in Ludville, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 40 | +25.0% |
Summary: The Ludville real estate market had 40 homes for sale in May 2024, a 25.0% 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 | 7 | 9 | +28.6% |
3 Bedrooms | 12 | 18 | +50.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ludville 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 28.6%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Ludville in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Ludville, GA
How long does it take to sell a home in Ludville, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
94 Days | 41 Days | -56.7% |
Summary: Homes in Ludville had an average of 41 days on market in May 2024, down by 56.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Ludville; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.