Is Snellville-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, Snellville-Grayson has remained a Seller's Market.
Key Takeaway
Snellville-Grayson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Snellville-Grayson, GA
How much do homes in Snellville-Grayson, GA cost?
Median Sold Price
$389,857
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Snellville-Grayson have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Snellville-Grayson was $389,857 in May 2024, up 1.3% 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 | $115K | - | N/A |
| 2 Bedrooms | $260K | $277.4K | +6.7% |
| 3 Bedrooms | $325K | $335K | +3.1% |
| 4 Bedrooms | $395K | $395K | 0.0% |
| 5+ Bedrooms | $490K | $501.6K | +2.4% |
Summary: Snellville-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 increased by 6.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Lawrenceville | $375K | $389.6K | +3.9% |
| Snellville | $359.3K | $364.7K | +1.5% |
| Snellville-Grayson | $385K | $389.8K | +1.3% |
| Loganville | $407.6K | $399K | -2.1% |
| Grayson | $447.2K | $435.6K | -2.6% |
Housing Supply in Snellville-Grayson, GA
How many homes are available in Snellville-Grayson, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 894 | 1,032 | +15.4% |
Summary: The Snellville-Grayson real estate market had 1,032 homes for sale in May 2024, a 15.4% 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 | 10 | +42.9% |
| 3 Bedrooms | 280 | 322 | +15.0% |
| 4 Bedrooms | 367 | 427 | +16.3% |
| 5+ Bedrooms | 240 | 273 | +13.8% |
Summary: The Snellville-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 42.9%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 230 | 266 | +15.7% |
Asking Price vs. Sold Price
106 Homes Were Sold
Under Asking
69 Homes Were Sold
At Asking
84 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snellville-Grayson, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 266 homes were sold or pending in Snellville-Grayson in May 2024, up by 15.7% month-over-month. Of the 259 sold homes, 41% were sold under asking, 27% were sold at asking, and 32% were sold over asking.
Days on Market for Snellville-Grayson, GA
How long does it take to sell a home in Snellville-Grayson, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 23 Days | -20.4% |
Summary: Homes in Snellville-Grayson had an average of 23 days on market in May 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
190 Homes Were Sold
Under 30 Days
64 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snellville-Grayson are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 266 homes were sold in Snellville-Grayson; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.