Is Glynn County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glynn County is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Glynn County has remained a Seller's Market.

Key Takeaway

Glynn County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glynn County, GA

How much do homes in Glynn County, GA cost?

Median Sold Price

$414,025

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$28,275(+7.3%)

Key Takeaway

Homes in Glynn County have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Glynn County was $414,025 in May 2024, up 7.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $427.5K$308.4K
-27.8%
2 $321K$360K
+12.1%
3 $312.5K$373.7K
+19.6%
4 $464.9K$449.9K
-3.2%
5+ $598.9K$694.9K
+16.0%

Summary: Glynn County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.8%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 19.6%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 16%.

Median Sold Price Compared To Nearby Counties

Glynn County
+7.3%
Camden County
+2.6%
McIntosh County
+1.6%
Wayne County
-3.1%

Housing Supply in Glynn County, GA

How many homes are available in Glynn County, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
184194+5.4%

Summary: The Glynn County real estate market had 194 homes for sale in May 2024, a 5.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 2118
-14.3%
3 8282
0.0%
4 5964
+8.5%
5+ 2130
+42.9%

Summary: The Glynn County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2738+40.7%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glynn County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Glynn County in May 2024, up by 40.7% month-over-month. Of the 33 sold homes, 64% were sold under asking, 21% were sold at asking, and 15% were sold over asking.

Days on Market for Glynn County, GA

How long does it take to sell a home in Glynn County, GA?

Average Sale Time

May 2023May 2024CHANGE
52 Days45 Days-13.8%

Summary: Homes in Glynn County had an average of 45 days on market in May 2024, down by 13.8% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glynn County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 38 homes were sold in Glynn County; 58% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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