$5,343 Closing Credit*
$449,900
2,481 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kristen Redding, Listing Office: McIntosh Realty Team LLC
Is Effingham County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Effingham County has remained a Seller's Market.
Key Takeaway
Effingham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Effingham County, GA
How much do homes in Effingham County, GA cost?
Median Sold Price
$340,350
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,561(+1.7%)
Key Takeaway
Homes in Effingham County have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Effingham County was $340,350 in October 2024, up 1.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $190K | -2.6% |
| 2 Bedrooms | $189.9K | $220K | +15.8% |
| 3 Bedrooms | $280.6K | $290K | +3.3% |
| 4 Bedrooms | $362K | $375K | +3.6% |
| 5+ Bedrooms | $411.8K | $439.5K | +6.7% |
Summary: Effingham County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Counties
| Bryan County | $380.1K | $400.2K | +5.3% |
| Chatham County | $345K | $360.5K | +4.5% |
| Bulloch County | $289.2K | $298.6K | +3.2% |
| Effingham County | $334.7K | $340.3K | +1.7% |
Housing Supply in Effingham County, GA
How many homes are available in Effingham County, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 306 | 307 | 0.3% |
Summary: The Effingham County real estate market had 307 homes for sale in October 2024, a 0.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 128 | 132 | +3.1% |
| 4 Bedrooms | 116 | 109 | -6.0% |
| 5+ Bedrooms | 56 | 59 | +5.4% |
Summary: The Effingham County 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 increased by 25%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 5.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 72 | +9.1% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Effingham County, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in Effingham County in October 2024, up by 9.1% month-over-month. Of the 70 sold homes, 41% were sold under asking, 31% were sold at asking, and 27% were sold over asking.
Days on Market for Effingham County, GA
How long does it take to sell a home in Effingham County, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 52 Days | +73.1% |
Summary: Homes in Effingham County had an average of 52 days on market in Oct 2024, up by 73.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Effingham County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 72 homes were sold in Effingham County; 17% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
