Is Little River, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little River is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Little River, GA

How much do homes in Little River, GA cost?

Median Sold Price

$389,900

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,400(+16.6%)

Key Takeaway

Homes in Little River have sold for 16.6% more than they did a year ago.

Summary: The median home sold price in Little River was $389,900 in October 2024, up 16.6% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $202K$250K
+23.8%
2 $315K$352.4K
+11.9%
3 $345K$349.5K
+1.3%
4 $485K$605K
+24.7%
5+ $383.8K$865.5K
+125.5%

Summary: Little River housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 125.5%.

Median Sold Price Compared To Nearby Cities

Phoenix
+20.1%
Little River
+16.6%
Eatonton
+12.0%

Housing Supply in Little River, GA

How many homes are available in Little River, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7181+14.1%

Summary: The Little River real estate market had 81 homes for sale in October 2024, a 14.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1111
0.0%
3 4353
+23.3%
4 1314
+7.7%
5+ 33
0.0%

Summary: The Little River 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 remained the same, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little River, 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 Little River in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Little River, GA

How long does it take to sell a home in Little River, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
116 Days35 Days-69.4%

Summary: Homes in Little River had an average of 35 days on market in Oct 2024, down by 69.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Little River has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Little River; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Little River, GA

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