$3,561 Closing Credit*
$299,900
1,916 SqFt
3 Beds
•2 Full Baths
Jimmy Jones, Listing Office: Keller Williams Lake Hartwell
Is Lavonia, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lavonia was a Seller's Market.
Key Takeaway
Lavonia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lavonia, GA
How much do homes in Lavonia, GA cost?
Median Sold Price
$330,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,100(+22.3%)
Key Takeaway
Homes in Lavonia have sold for 22.3% more than they did a year ago.
Summary: The median home sold price in Lavonia was $330,000 in November 2024, up 22.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $184K | $161K | -12.5% |
| 3 Bedrooms | $245K | $296.9K | +21.2% |
| 4 Bedrooms | $330K | $465K | +40.9% |
| 5+ Bedrooms | $390K | $780K | +100.0% |
Summary: Lavonia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Cities
| Lavonia | $269.9K | $330K | +22.3% |
| Martin | $312K | $349.9K | +12.1% |
Housing Supply in Lavonia, GA
How many homes are available in Lavonia, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 65 | +14.0% |
Summary: The Lavonia real estate market had 65 homes for sale in November 2024, a 14.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 11 | +83.3% |
| 3 Bedrooms | 37 | 33 | -10.8% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Lavonia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 83.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 1 | -90.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lavonia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lavonia in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 17 Days | -28.2% |
Summary: Homes in Lavonia had an average of 17 days on market in Nov 2024, down by 28.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 1 homes were sold in Lavonia; 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.
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