$139,500
2.53 Acres
Land
Carl Hayes, Listing Office: Drake Realty Lake Area, LLC
Is Little River, 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, 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
$375,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+8.7%)
Key Takeaway
Homes in Little River have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Little River was $375,000 in November 2024, up 8.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202K | $250K | +23.8% |
| 2 Bedrooms | $317K | $315K | -0.6% |
| 3 Bedrooms | $351.9K | $346K | -1.7% |
| 4 Bedrooms | $517.5K | $605K | +16.9% |
| 5+ Bedrooms | $383.8K | $865.5K | +125.5% |
Summary: Little River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 125.5%.
Housing Supply in Little River, GA
How many homes are available in Little River, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 76 | -5.0% |
Summary: The Little River real estate market had 76 homes for sale in November 2024, a 5.0% decrease 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 | 11 | 11 | 0.0% |
| 3 Bedrooms | 51 | 51 | 0.0% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Little River 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Little River, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Little River in November 2024, down by 27.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 100 Days | +18.0% |
Summary: Homes in Little River had an average of 100 days on market in Nov 2024, up by 18% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Little River has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Little River; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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