$2,374 Closing Credit*
$199,900
1,060 SqFt
2 Beds
•1 Full Bath, 1 Partial
Shonna Hagin, Listing Office: Heritage Oaks Realty, LLC
Is Lithia Springs, 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, Lithia Springs was a Seller's Market.
Key Takeaway
Lithia Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lithia Springs, GA
How much do homes in Lithia Springs, GA cost?
Median Sold Price
$300,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,333(+6.9%)
Key Takeaway
Homes in Lithia Springs have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Lithia Springs was $300,000 in November 2024, up 6.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129.9K | - | N/A |
| 2 Bedrooms | $195K | $213.5K | +9.5% |
| 3 Bedrooms | $260K | $269K | +3.5% |
| 4 Bedrooms | $320K | $341K | +6.6% |
| 5+ Bedrooms | $430.5K | $443.9K | +3.1% |
Summary: Lithia Springs 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 increased by 9.5%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Mableton | $339.7K | $374.2K | +10.2% |
| Lithia Springs | $280.6K | $300K | +6.9% |
| Douglasville-Lithia Springs | $290K | $309.6K | +6.8% |
| Douglasville | $317.1K | $329.7K | +4.0% |
Housing Supply in Lithia Springs, GA
How many homes are available in Lithia Springs, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 102 | +7.4% |
Summary: The Lithia Springs real estate market had 102 homes for sale in November 2024, a 7.4% 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 | 8 | 9 | +12.5% |
| 3 Bedrooms | 39 | 45 | +15.4% |
| 4 Bedrooms | 26 | 25 | -3.8% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Lithia Springs 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 12.5%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lithia Springs, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Lithia Springs in November 2024, down by 12.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Lithia Springs, GA
How long does it take to sell a home in Lithia Springs, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 46 Days | +82.1% |
Summary: Homes in Lithia Springs had an average of 46 days on market in Nov 2024, up by 82.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lithia Springs are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Lithia Springs; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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