$9,203 Closing Credit*
$775,000
2,250 SqFt
2 Beds
•2 Full Baths, 1 Partial
Maralee Ray, Listing Office: RE/MAX Classic
Is Lavonia, 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, Lavonia was a Buyer's Market.
Key Takeaway
Lavonia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lavonia, GA
How much do homes in Lavonia, GA cost?
Median Sold Price
$327,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$54,500(+20.0%)
Key Takeaway
Homes in Lavonia have sold for 20% more than they did a year ago.
Summary: The median home sold price in Lavonia was $327,000 in October 2024, up 20% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | $160K | +36.8% |
| 2 Bedrooms | $184K | $162.5K | -11.7% |
| 3 Bedrooms | $245K | $295.9K | +20.8% |
| 4 Bedrooms | $331.2K | $420K | +26.8% |
| 5+ Bedrooms | $390K | $780K | +100.0% |
Summary: Lavonia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Cities
| Lavonia | $272.5K | $327K | +20.0% |
| Martin | $313.5K | $328K | +4.6% |
Housing Supply in Lavonia, GA
How many homes are available in Lavonia, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 66 | +17.9% |
Summary: The Lavonia real estate market had 66 homes for sale in October 2024, a 17.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 32 | 43 | +34.4% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Lavonia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 34.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lavonia, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Lavonia in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for Lavonia, GA
How long does it take to sell a home in Lavonia, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 58 Days | +25.2% |
Summary: Homes in Lavonia had an average of 58 days on market in Oct 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lavonia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Lavonia; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.