Is Ivylog, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ivylog was a Seller's Market.
Housing Prices in Ivylog, GA
How much do homes in Ivylog, GA cost?
Median Sold Price
$405,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ivylog was $405,000 in May 2024, up 8% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $200K | +37.9% |
2 Bedrooms | $310K | $335K | +8.1% |
3 Bedrooms | $394K | $425K | +7.9% |
4 Bedrooms | $549.9K | $517.5K | -5.9% |
5+ Bedrooms | $844K | $687.5K | -18.5% |
Summary: Ivylog housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Cities
Brasstown Township | $350K | $400K | +14.3% |
Warne | $369K | $400K | +8.4% |
Ivylog | $375K | $405K | +8.0% |
Housing Supply in Ivylog, GA
How many homes are available in Ivylog, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
175 | 203 | +16.0% |
Summary: The Ivylog real estate market had 203 homes for sale in May 2024, a 16.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 12 | +200.0% |
2 Bedrooms | 32 | 34 | +6.3% |
3 Bedrooms | 89 | 102 | +14.6% |
4 Bedrooms | 35 | 42 | +20.0% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Ivylog housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Ivylog in May 2024, up by 13.3% month-over-month. Of the 17 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.
Days on Market for Ivylog, GA
How long does it take to sell a home in Ivylog, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 38 Days | -19.4% |
Summary: Homes in Ivylog had an average of 38 days on market in May 2024, down by 19.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Ivylog; 41% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.