Is Devereux, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Devereux is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Devereux was a Seller's Market.

Key Takeaway

Devereux is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Devereux, GA

How much do homes in Devereux, GA cost?

Median Sold Price

$425,000

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-7.6%)

Key Takeaway

Homes in Devereux have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Devereux was $425,000 in October 2024, down 7.6% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K$140K
-39.1%
2 $292.5K$317.5K
+8.5%
3 $435K$498K
+14.5%
4 $650K$445.2K
-31.5%
5+ $695.8K$409K
-41.2%

Summary: Devereux housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.1%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 31.5%, and 5+ bedroom homes decreased by 41.2%.

Median Sold Price Compared To Nearby Cities

Phoenix
+20.1%
Little River
+16.6%
Devereux
-7.6%

Housing Supply in Devereux, GA

How many homes are available in Devereux, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3433-2.9%

Summary: The Devereux real estate market had 33 homes for sale in October 2024, a 2.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 2221
-4.5%
4 34
+33.3%
5+ 54
-20.0%

Summary: The Devereux housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Devereux, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Devereux in October 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Devereux, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days24 Days+5.4%

Summary: Homes in Devereux had an average of 24 days on market in Oct 2024, up by 5.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Devereux; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Devereux, GA

Nearby Markets to Devereux, GA

What housing markets are near Devereux, GA?