Is Grayson, 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, Grayson has remained a Seller's Market.
Key Takeaway
Grayson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grayson, GA
How much do homes in Grayson, GA cost?
Median Sold Price
$435,625
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Grayson have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Grayson was $435,625 in May 2024, down 2.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $284.4K | -5.2% |
| 3 Bedrooms | $360K | $356K | -1.1% |
| 4 Bedrooms | $440K | $434.7K | -1.2% |
| 5+ Bedrooms | $555.5K | $549.9K | -1.0% |
Summary: Grayson 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 5.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
| Snellville-Grayson | $385K | $389.8K | +1.3% |
| Grayson | $447.2K | $435.6K | -2.6% |
Housing Supply in Grayson, GA
How many homes are available in Grayson, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 133 | 166 | +24.8% |
Summary: The Grayson real estate market had 166 homes for sale in May 2024, a 24.8% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 45 | 52 | +15.6% |
| 4 Bedrooms | 32 | 52 | +62.5% |
| 5+ Bedrooms | 52 | 57 | +9.6% |
Summary: The Grayson 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 25%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 9.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 43 | +53.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grayson, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Grayson in May 2024, up by 53.6% month-over-month. Of the 42 sold homes, 40% were sold under asking, 26% were sold at asking, and 33% were sold over asking.
Days on Market for Grayson, GA
How long does it take to sell a home in Grayson, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 17 Days | -5.2% |
Summary: Homes in Grayson had an average of 17 days on market in May 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grayson are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 43 homes were sold in Grayson; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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