$4,821 Closing Credit*
$406,000
3,385 SqFt
3 Beds
•2 Full Baths, 2 Partial
Heather Whittle, Listing Office: BHHS Georgia Properties
Is Douglasville-Lithia Springs, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Douglasville-Lithia Springs was a Seller's Market.
Key Takeaway
Douglasville-Lithia Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Douglasville-Lithia Springs, GA
How much do homes in Douglasville-Lithia Springs, GA cost?
Median Sold Price
$309,600
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,600(+6.8%)
Key Takeaway
Homes in Douglasville-Lithia Springs have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Douglasville-Lithia Springs was $309,600 in November 2024, up 6.8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129.9K | - | N/A |
| 2 Bedrooms | $170K | $195K | +14.7% |
| 3 Bedrooms | $260K | $266.3K | +2.4% |
| 4 Bedrooms | $328.5K | $350K | +6.5% |
| 5+ Bedrooms | $435.4K | $440K | +1.0% |
Summary: Douglasville-Lithia Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Lithia Springs | $280.6K | $300K | +6.9% |
| Douglasville-Lithia Springs | $290K | $309.6K | +6.8% |
| Douglasville | $317.1K | $329.7K | +4.0% |
| Bill Arp | $315.7K | $320K | +1.4% |
| Austell | $304.9K | $304.9K | 0% |
Housing Supply in Douglasville-Lithia Springs, GA
How many homes are available in Douglasville-Lithia Springs, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 393 | 412 | +4.8% |
Summary: The Douglasville-Lithia Springs real estate market had 412 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 25 | -7.4% |
| 3 Bedrooms | 162 | 183 | +13.0% |
| 4 Bedrooms | 133 | 132 | -0.8% |
| 5+ Bedrooms | 71 | 72 | +1.4% |
Summary: The Douglasville-Lithia Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 1.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 53 | -22.1% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglasville-Lithia Springs, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Douglasville-Lithia Springs in November 2024, down by 22.1% month-over-month. Of the 48 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.
Days on Market for Douglasville-Lithia Springs, GA
How long does it take to sell a home in Douglasville-Lithia Springs, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 49 Days | +120.1% |
Summary: Homes in Douglasville-Lithia Springs had an average of 49 days on market in Nov 2024, up by 120.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglasville-Lithia Springs are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 53 homes were sold in Douglasville-Lithia Springs; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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