$4,333 Closing Credit*
$364,900
2,850 SqFt
5 Beds
•3 Full Baths
Listing Office: Epique Realty
Is Ludowici South, 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, Ludowici South was a Neutral Market.
Key Takeaway
Ludowici South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ludowici South, GA
How much do homes in Ludowici South, GA cost?
Median Sold Price
$285,535
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,465(-0.9%)
Key Takeaway
Homes in Ludowici South have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Ludowici South was $285,535 in November 2024, down 0.9% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $229K | $110K | -52.0% |
| 3 Bedrooms | $242.5K | $255K | +5.2% |
| 4 Bedrooms | $278.4K | $287.8K | +3.4% |
| 5+ Bedrooms | $346K | $339.2K | -2.0% |
Summary: Ludowici South 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 decreased by 52%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
| Allenhurst | $234.2K | $284K | +21.2% |
| Walthourville | $249.5K | $265K | +6.2% |
| Ludowici South | $288K | $285.5K | -0.9% |
| Ludowici | $288K | $282.4K | -1.9% |
| Townsend | $326.3K | $311.5K | -4.5% |
Housing Supply in Ludowici South, GA
How many homes are available in Ludowici South, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The Ludowici South real estate market had 35 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ludowici South housing inventory by bedroom type for November 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ludowici South, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Ludowici South in November 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% were sold over asking.
Days on Market for Ludowici South, GA
How long does it take to sell a home in Ludowici South, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 3 Days | -68.4% |
Summary: Homes in Ludowici South had an average of 3 days on market in Nov 2024, down by 68.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ludowici South are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Ludowici South; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
