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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ivylog is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Ivylog was a Seller's Market.

Key Takeaway

Ivylog is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ivylog, GA

How much do homes in Ivylog, GA cost?

Median Sold Price

$420,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,000(+6.9%)

Key Takeaway

Homes in Ivylog have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Ivylog was $420,000 in October 2024, up 6.9% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $198K$205.5K
+3.8%
2 $295K$335K
+13.6%
3 $418.6K$435K
+3.9%
4 $539.4K$539.9K
0.1%
5+ $662K$610K
-7.9%

Summary: Ivylog housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Cities

Brasstown
+17.9%
Brasstown Township
+17.9%
Ivylog
+6.9%

Housing Supply in Ivylog, GA

How many homes are available in Ivylog, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
199222+11.6%

Summary: The Ivylog real estate market had 222 homes for sale in October 2024, a 11.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1920
+5.3%
2 3034
+13.3%
3 92108
+17.4%
4 4242
0.0%
5+ 1618
+12.5%

Summary: The Ivylog housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
198-57.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ivylog, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Ivylog in October 2024, down by 57.9% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
48 Days110 Days+129.4%

Summary: Homes in Ivylog had an average of 110 days on market in Oct 2024, up by 129.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ivylog has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Ivylog; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% 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

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