$3,871 Closing Credit*
$326,000
1,777 SqFt
4 Beds
•2 Full Baths, 1 Partial
Nicole Clark, Listing Office: Keller Williams Realty ATL Part
Is Ellenwood, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ellenwood was a Seller's Market.
Key Takeaway
Ellenwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ellenwood, GA
How much do homes in Ellenwood, GA cost?
Median Sold Price
$300,000
$137/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Ellenwood has remained the same since last year.
Summary: The median home sold price in Ellenwood was $300,000 in October 2024, the same as last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $161.7K | $190K | +17.5% |
| 3 Bedrooms | $260K | $255K | -1.9% |
| 4 Bedrooms | $322.5K | $320K | -0.8% |
| 5+ Bedrooms | $375K | $375K | 0.0% |
Summary: Ellenwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Conley | $222.5K | $242.5K | +9.0% |
| Rex | $250K | $259K | +3.6% |
| Ellenwood | $300K | $300K | 0.0% |
| Forest Park-Morrow | $230K | $229.8K | -0.1% |
| Forest Park | $200K | $187K | -6.5% |
Housing Supply in Ellenwood, GA
How many homes are available in Ellenwood, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 203 | 237 | +16.7% |
Summary: The Ellenwood real estate market had 237 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 77 | 98 | +27.3% |
| 4 Bedrooms | 81 | 86 | +6.2% |
| 5+ Bedrooms | 39 | 46 | +17.9% |
Summary: The Ellenwood 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 16.7%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 34 | +17.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellenwood, you may be able to get a good deal. 69.7% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Ellenwood in October 2024, up by 17.2% month-over-month. Of the 33 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for Ellenwood, GA
How long does it take to sell a home in Ellenwood, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 59 Days | +98.0% |
Summary: Homes in Ellenwood had an average of 59 days on market in Oct 2024, up by 98% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ellenwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in Ellenwood; 41% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.