$3,741 Closing Credit*
$315,000
1,496 SqFt
3 Beds
•1 Full Bath, 1 Partial
Olivia Gentry, Listing Office: Southern Real Estate Properties
Is Luthersville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Luthersville has remained a Seller's Market.
Key Takeaway
Luthersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Luthersville, GA
How much do homes in Luthersville, GA cost?
Median Sold Price
$279,990
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.8%)
Key Takeaway
Homes in Luthersville have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Luthersville was $279,990 in November 2024, down 1.8% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $344K | $174K | -49.4% |
| 2 Bedrooms | $319K | - | N/A |
| 3 Bedrooms | $297.5K | $274K | -7.9% |
| 4 Bedrooms | $268.9K | $286.4K | +6.5% |
| 5+ Bedrooms | $297.9K | $279.9K | -6.0% |
Summary: Luthersville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 6%.
Housing Supply in Luthersville, GA
How many homes are available in Luthersville, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Luthersville real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Luthersville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Luthersville, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Luthersville in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Luthersville, GA
How long does it take to sell a home in Luthersville, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 79 Days | 34 Days | -56.6% |
Summary: Homes in Luthersville had an average of 34 days on market in Nov 2024, down by 56.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Luthersville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Luthersville; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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.