$4,928 Closing Credit*
$415,000
2,610 SqFt
4 Beds
•2 Full Baths, 1 Partial
Roxanne Botha, 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 November 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
$345,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,779(+2.9%)
Key Takeaway
Homes in Effingham County have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Effingham County was $345,000 in November 2024, up 2.9% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $190K | -14.0% |
| 2 Bedrooms | $189.9K | $220K | +15.9% |
| 3 Bedrooms | $284.1K | $293.9K | +3.5% |
| 4 Bedrooms | $362.5K | $375K | +3.4% |
| 5+ Bedrooms | $413.7K | $437.5K | +5.7% |
Summary: Effingham County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Counties
| Bryan County | $383K | $401.8K | +4.9% |
| Chatham County | $348.2K | $360.5K | +3.5% |
| Effingham County | $335.2K | $345K | +2.9% |
| Bulloch County | $291.1K | $295K | +1.3% |
Housing Supply in Effingham County, GA
How many homes are available in Effingham County, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 307 | 295 | -3.9% |
Summary: The Effingham County real estate market had 295 homes for sale in November 2024, a 3.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 129 | 121 | -6.2% |
| 4 Bedrooms | 113 | 109 | -3.5% |
| 5+ Bedrooms | 57 | 55 | -3.5% |
Summary: The Effingham County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 3.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 65 | -12.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Effingham County, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 65 homes were sold or pending in Effingham County in November 2024, down by 12.2% month-over-month. Of the 65 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 64 Days | +217.6% |
Summary: Homes in Effingham County had an average of 64 days on market in Nov 2024, up by 217.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Effingham County has remained consistent over time.
Summary: During November 2024, 65 homes were sold in Effingham County; 8% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
