$4,155 Closing Credit*
$349,900
2,613 SqFt
4 Beds
•2 Full Baths
Cindy C. Horsley, Listing Office: Bush Real Estate
Is Luthersville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$283,995
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$6,755(+2.4%)
Key Takeaway
Homes in Luthersville have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Luthersville was $283,995 in December 2024, up 2.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $344K | $174K | -49.4% |
| 2 Bedrooms | $319K | - | N/A |
| 3 Bedrooms | $297.5K | $275K | -7.6% |
| 4 Bedrooms | $262.4K | $310K | +18.1% |
| 5+ Bedrooms | $279.9K | $401.7K | +43.5% |
Summary: Luthersville housing prices by bedroom type for December 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 7.6%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 43.5%.
Housing Supply in Luthersville, GA
How many homes are available in Luthersville, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Summary: The Luthersville real estate market had 11 homes for sale in December 2024, a 26.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Luthersville housing inventory by bedroom type for December 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 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Luthersville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Luthersville in December 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 70 Days | 31 Days | -55.1% |
Summary: Homes in Luthersville had an average of 31 days on market in Dec 2024, down by 55.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 December 2024, 2 homes were sold in Luthersville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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