Is Loganville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loganville is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Loganville 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 Loganville, GA

How much do homes in Loganville, GA cost?

Median Sold Price

$395,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,999(-1.2%)

Key Takeaway

Homes in Loganville have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Loganville was $395,000 in October 2024, down 1.2% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $284.9K$283.5K
-0.5%
3 $329.3K$340K
+3.2%
4 $404.8K$405K
0.0%
5+ $477.8K$475K
-0.6%

Summary: Loganville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Cities

Snellville-Grayson
+1.3%
Loganville
-1.2%

Housing Supply in Loganville, GA

How many homes are available in Loganville, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
487553+13.6%

Summary: The Loganville real estate market had 553 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 48
+100.0%
3 134137
+2.2%
4 214254
+18.7%
5+ 135154
+14.1%

Summary: The Loganville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 14.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10083-17.0%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loganville, expect to pay close to the asking price. 38.7% of homes here sold near the asking price last month.

Summary: A total of 83 homes were sold or pending in Loganville in October 2024, down by 17.0% month-over-month. Of the 75 sold homes, 36% were sold under asking, 39% were sold at asking, and 25% were sold over asking.

Days on Market for Loganville, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days41 Days+26.4%

Summary: Homes in Loganville had an average of 41 days on market in Oct 2024, up by 26.4% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Loganville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 83 homes were sold in Loganville; 46% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

Newest Listings in Loganville, GA

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