Is Stephens County, 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, Stephens County has remained a Seller's Market.
Housing Prices in Stephens County, GA
How much do homes in Stephens County, GA cost?
Median Sold Price
$248,466
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stephens County was $248,466 in May 2024, up 21.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $28K | $129.5K | +362.5% |
2 Bedrooms | $140K | $149.9K | +7.1% |
3 Bedrooms | $208K | $250K | +20.2% |
4 Bedrooms | $287.5K | $330K | +14.8% |
5+ Bedrooms | $434.5K | $540K | +24.3% |
Summary: Stephens County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 362.5%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 24.3%.
Median Sold Price Compared To Nearby Counties
Stephens County | $205.2K | $248.4K | +21.1% |
Oconee County | $337.4K | $365.1K | +8.2% |
Habersham County | $297.6K | $320.3K | +7.6% |
Franklin County | $250K | $263.7K | +5.5% |
Housing Supply in Stephens County, GA
How many homes are available in Stephens County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
164 | 201 | +22.6% |
Summary: The Stephens County real estate market had 201 homes for sale in May 2024, a 22.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 33 | 36 | +9.1% |
3 Bedrooms | 79 | 97 | +22.8% |
4 Bedrooms | 45 | 54 | +20.0% |
5+ Bedrooms | 7 | 13 | +85.7% |
Summary: The Stephens County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 85.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 45 | +18.4% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Stephens County in May 2024, up by 18.4% month-over-month. Of the 44 sold homes, 59% were sold under asking, 16% were sold at asking, and 25% were sold over asking.
Days on Market for Stephens County, GA
How long does it take to sell a home in Stephens County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 38 Days | +7.2% |
Summary: Homes in Stephens County had an average of 38 days on market in May 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in Stephens County; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.