Is Stockbridge, 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, Stockbridge has remained a Seller's Market.
Housing Prices in Stockbridge, GA
How much do homes in Stockbridge, GA cost?
Median Sold Price
$300,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stockbridge was $300,000 in May 2024, down 4.8% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $199.5K | $197.5K | -1.0% |
3 Bedrooms | $267.6K | $275.6K | +3.0% |
4 Bedrooms | $364.2K | $338.5K | -7.1% |
5+ Bedrooms | $434.7K | $450K | +3.5% |
Summary: Stockbridge 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 1%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in Stockbridge, GA
How many homes are available in Stockbridge, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
401 | 415 | +3.5% |
Summary: The Stockbridge real estate market had 415 homes for sale in May 2024, a 3.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 185 | 187 | +1.1% |
4 Bedrooms | 118 | 137 | +16.1% |
5+ Bedrooms | 78 | 70 | -10.3% |
Summary: The Stockbridge 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 increased by 10.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 10.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 76 | -3.8% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 76 homes were sold or pending in Stockbridge in May 2024, down by 3.8% month-over-month. Of the 68 sold homes, 37% were sold under asking, 32% were sold at asking, and 31% were sold over asking.
Days on Market for Stockbridge, GA
How long does it take to sell a home in Stockbridge, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 36 Days | +37.0% |
Summary: Homes in Stockbridge had an average of 36 days on market in May 2024, up by 37% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 76 homes were sold in Stockbridge; 57% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.