$995,000
1.94 Acres
Land
•2 Full Baths
Kito J Johnson, Listing Office: Buy N Sell Realty
Is Grove Park, 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, Grove Park was a Seller's Market.
Key Takeaway
Grove Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grove Park, GA
How much do homes in Grove Park, GA cost?
Median Sold Price
$308,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$32,000(-9.4%)
Key Takeaway
Homes in Grove Park have sold for 9.4% less than they did a year ago.
Summary: The median home sold price in Grove Park was $308,000 in October 2024, down 9.4% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $146K | $146.2K | 0.2% |
| 3 Bedrooms | $340K | $319K | -6.2% |
| 4 Bedrooms | $394.9K | $404.5K | +2.4% |
| 5+ Bedrooms | $435K | $354.2K | -18.6% |
Summary: Grove Park 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 0.2%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 18.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Center Hill | $274.9K | $281K | +2.2% |
| Grove Park | $340K | $308K | -9.4% |
Housing Supply in Grove Park, GA
How many homes are available in Grove Park, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 81 | +39.7% |
Summary: The Grove Park real estate market had 81 homes for sale in October 2024, a 39.7% 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 | 3 | 7 | +133.3% |
| 3 Bedrooms | 28 | 40 | +42.9% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 7 | 13 | +85.7% |
Summary: The Grove Park 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 133.3%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 85.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grove Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Grove Park in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Grove Park, GA
How long does it take to sell a home in Grove Park, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 15 Days | -72.8% |
Summary: Homes in Grove Park had an average of 15 days on market in Oct 2024, down by 72.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grove Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Grove Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.