Is Godfrey, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Godfrey is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Godfrey was a Neutral Market.

Key Takeaway

Godfrey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Godfrey, GA

How much do homes in Godfrey, GA cost?

Median Sold Price

$794,000

$201/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$159,000(+25.0%)

Key Takeaway

Homes in Godfrey have sold for 25% more than they did a month ago.

Summary: The median home sold price in Godfrey was $794,000 in October 2024, up 25% from last month, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $556.4K-
N/A
4 -$794K
N/A
5+ $635K$750K
+18.1%

Summary: Godfrey housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18.1%.

Housing Supply in Godfrey, GA

How many homes are available in Godfrey, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1816-11.1%

Summary: The Godfrey real estate market had 16 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 20
-100.0%
4 89
+12.5%
5+ 43
-25.0%

Summary: The Godfrey 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Godfrey, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Godfrey in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Godfrey, GA

How long does it take to sell a home in Godfrey, GA?

Average Sale Time

Sep 2024Oct 2024CHANGE
118 Days36 Days-68.9%

Summary: Homes in Godfrey had an average of 36 days on market in Oct 2024, down by 68.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Godfrey are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Godfrey; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Godfrey, GA

Nearby Markets to Godfrey, GA