$3,205 Closing Credit*
$269,900
1,474 SqFt
3 Beds
•2 Full Baths
Isabella Causey, Listing Office: Coldwell Banker Southern Coast
Is Ludowici, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Ludowici has remained a Seller's Market.
Key Takeaway
Ludowici is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ludowici, GA
How much do homes in Ludowici, GA cost?
Median Sold Price
$283,999
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,078(-2.1%)
Key Takeaway
Homes in Ludowici have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Ludowici was $283,999 in October 2024, down 2.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | - | N/A |
| 2 Bedrooms | $205K | $110K | -46.3% |
| 3 Bedrooms | $244K | $254.7K | +4.4% |
| 4 Bedrooms | $285.6K | $289.9K | +1.5% |
| 5+ Bedrooms | $345K | $359K | +4.1% |
Summary: Ludowici 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 46.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Ludowici North | $277.4K | $279K | +0.6% |
| Ludowici South | $288K | $286K | -0.7% |
| Ludowici | $290K | $283.9K | -2.1% |
Housing Supply in Ludowici, GA
How many homes are available in Ludowici, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 74 | -3.9% |
Summary: The Ludowici real estate market had 74 homes for sale in October 2024, a 3.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 26 | 19 | -26.9% |
| 4 Bedrooms | 37 | 43 | +16.2% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Ludowici 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 decreased by 100%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ludowici, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Ludowici in October 2024, down by 31.6% month-over-month. Of the 11 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% were sold over asking.
Days on Market for Ludowici, GA
How long does it take to sell a home in Ludowici, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 37 Days | +179.2% |
Summary: Homes in Ludowici had an average of 37 days on market in Oct 2024, up by 179.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ludowici are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Ludowici; 23% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
