Is Allenhurst, 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, Allenhurst has remained a Seller's Market.
Key Takeaway
Allenhurst is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allenhurst, GA
How much do homes in Allenhurst, GA cost?
Median Sold Price
$271,952
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Allenhurst have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Allenhurst was $271,952 in May 2024, up 20.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $215K | $231.5K | +7.7% |
| 4 Bedrooms | $230K | $275K | +19.6% |
| 5+ Bedrooms | $400.4K | $308.2K | -23.0% |
Summary: Allenhurst 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 did not change, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 23%.
Median Sold Price Compared To Nearby Cities
| Walthourville | $222K | $275.5K | +24.1% |
| Allenhurst | $225K | $271.9K | +20.9% |
| Allenhurst | $225K | $269.6K | +19.9% |
| Ludowici South | $284.9K | $286.8K | +0.7% |
Housing Supply in Allenhurst, GA
How many homes are available in Allenhurst, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Summary: The Allenhurst real estate market had 29 homes for sale in May 2024, a 12.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Allenhurst 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 decreased by 36.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allenhurst, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Allenhurst in May 2024, the same as the previous month. Of the 8 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Allenhurst, GA
How long does it take to sell a home in Allenhurst, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 79 Days | 67 Days | -15.7% |
Summary: Homes in Allenhurst had an average of 67 days on market in May 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Allenhurst has remained consistent over time.
Summary: During May 2024, 8 homes were sold in Allenhurst; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
