Is Rydal, 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, Rydal has remained a Seller's Market.
Housing Prices in Rydal, GA
How much do homes in Rydal, GA cost?
Median Sold Price
$332,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rydal was $332,000 in May 2024, down 12% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $317.5K | $867.5K | +173.2% |
3 Bedrooms | $258K | $258.9K | 0.4% |
4 Bedrooms | $380K | $365.3K | -3.9% |
5+ Bedrooms | $489.9K | $492.4K | 0.5% |
Summary: Rydal 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 173.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
White | $345K | $340K | -1.4% |
White-Pine Log | $355K | $330K | -7.0% |
Rydal | $377.4K | $332K | -12.0% |
Housing Supply in Rydal, GA
How many homes are available in Rydal, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The Rydal real estate market had 24 homes for sale in May 2024, a 14.3% 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 | 1 | -50.0% |
3 Bedrooms | 4 | 7 | +75.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Rydal 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 increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Rydal in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Rydal, GA
How long does it take to sell a home in Rydal, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 138 Days | +237.3% |
Summary: Homes in Rydal had an average of 138 days on market in May 2024, up by 237.3% compared to last year.
Breakdown of Home Sale Times
6 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, 7 homes were sold in Rydal; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.