$3,747 Closing Credit*
$315,500
3 Beds
•2 Full Baths
Jenny Schofield, Listing Office: Keller Williams Community Partners
Is Lula, 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, Lula has remained a Seller's Market.
Key Takeaway
Lula is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lula, GA
How much do homes in Lula, GA cost?
Median Sold Price
$324,900
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,900(+1.5%)
Key Takeaway
Homes in Lula have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Lula was $324,900 in October 2024, up 1.5% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $240K | -27.3% |
| 3 Bedrooms | $292K | $289.9K | -0.7% |
| 4 Bedrooms | $369.9K | $390K | +5.4% |
| 5+ Bedrooms | $530K | $700K | +32.1% |
Summary: Lula 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 27.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 32.1%.
Housing Supply in Lula, GA
How many homes are available in Lula, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 66 | +20.0% |
Summary: The Lula real estate market had 66 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 31 | 35 | +12.9% |
| 4 Bedrooms | 14 | 19 | +35.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Lula housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 15 | +150.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lula, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Lula in October 2024, up by 150.0% month-over-month. Of the 15 sold homes, 80% were sold under asking, 7% were sold at asking, and 13% were sold over asking.
Days on Market for Lula, GA
How long does it take to sell a home in Lula, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 62 Days | +107.5% |
Summary: Homes in Lula had an average of 62 days on market in Oct 2024, up by 107.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lula has remained consistent over time.
Summary: During October 2024, 15 homes were sold in Lula; 33% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.