$50,000
3.28 Acres
Land
Chrissy Ham Donovan, Listing Office: Connie R. Ham Middle Ga Realty
Is Forsyth, 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, Forsyth has remained a Seller's Market.
Key Takeaway
Forsyth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forsyth, GA
How much do homes in Forsyth, GA cost?
Median Sold Price
$354,900
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,450(+1.6%)
Key Takeaway
Homes in Forsyth have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Forsyth was $354,900 in November 2024, up 1.6% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $100K | $230K | +130.0% |
| 3 Bedrooms | $250K | $250K | 0.0% |
| 4 Bedrooms | $368K | $400K | +8.7% |
| 5+ Bedrooms | $509.9K | $470K | -7.8% |
Summary: Forsyth 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 130%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Forsyth | $349.4K | $354.9K | +1.6% |
| Culloden-Bolingbroke | $365.1K | $362K | -0.8% |
Housing Supply in Forsyth, GA
How many homes are available in Forsyth, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 96 | +24.7% |
Summary: The Forsyth real estate market had 96 homes for sale in November 2024, a 24.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 23 | 41 | +78.3% |
| 5+ Bedrooms | 28 | 30 | +7.1% |
Summary: The Forsyth 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 increased by 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 78.3%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forsyth, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Forsyth in November 2024, up by 54.5% month-over-month. Of the 15 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% were sold over asking.
Days on Market for Forsyth, GA
How long does it take to sell a home in Forsyth, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 62 Days | -5.8% |
Summary: Homes in Forsyth had an average of 62 days on market in Nov 2024, down by 5.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Forsyth are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Forsyth; 41% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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