$3,205 Closing Credit*
$269,900
1,474 SqFt
3 Beds
•2 Full Baths
Isabella Causey, Listing Office: Coldwell Banker Southern Coast
Is Ludowici South, 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 South has remained a Seller's 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
$286,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,000(-0.7%)
Key Takeaway
Homes in Ludowici South have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Ludowici South was $286,000 in October 2024, down 0.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $110K | -46.3% |
| 3 Bedrooms | $239.9K | $254.7K | +6.1% |
| 4 Bedrooms | $279.7K | $287K | +2.6% |
| 5+ Bedrooms | $343.4K | $339K | -1.3% |
Summary: Ludowici South 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 6.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Allenhurst | $230K | $280K | +21.7% |
| Walthourville | $235K | $267.9K | +14.0% |
| Ludowici South | $288K | $286K | -0.7% |
| Ludowici | $290K | $283.9K | -2.1% |
Housing Supply in Ludowici South, GA
How many homes are available in Ludowici South, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 30 | -16.7% |
Summary: The Ludowici South real estate market had 30 homes for sale in October 2024, a 16.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Ludowici South 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 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. 66.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Ludowici South in October 2024, down by 36.4% month-over-month. Of the 6 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 11 Days | -10.8% |
Summary: Homes in Ludowici South had an average of 11 days on market in Oct 2024, down by 10.8% 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 October 2024, 7 homes were sold in Ludowici South; 14% 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.
