$4,630 Closing Credit*
$389,900
2,214 SqFt
3 Beds
•4 Full Baths
Jo Ann Abreo, Listing Office: Encore Georgia Realty, LLC.
Is Phoenix, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Phoenix was a Seller's Market.
Key Takeaway
Phoenix is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Phoenix, GA
How much do homes in Phoenix, GA cost?
Median Sold Price
$497,500
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,250(+20.1%)
Key Takeaway
Homes in Phoenix have sold for 20.1% more than they did a year ago.
Summary: The median home sold price in Phoenix was $497,500 in October 2024, up 20.1% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | $88.5K | -4.8% |
| 2 Bedrooms | $271K | $285K | +5.2% |
| 3 Bedrooms | $348.7K | $400.9K | +15.0% |
| 4 Bedrooms | $492.4K | $701.1K | +42.4% |
| 5+ Bedrooms | $1.6M | $1.4M | -11.0% |
Summary: Phoenix housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
| Phoenix | $414.2K | $497.5K | +20.1% |
| Little River | $334.5K | $389.9K | +16.6% |
| Eatonton | $375K | $419.9K | +12.0% |
| Devereux | $460K | $425K | -7.6% |
Housing Supply in Phoenix, GA
How many homes are available in Phoenix, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 158 | 173 | +9.5% |
Summary: The Phoenix real estate market had 173 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 70 | 80 | +14.3% |
| 4 Bedrooms | 50 | 49 | -2.0% |
| 5+ Bedrooms | 30 | 33 | +10.0% |
Summary: The Phoenix 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 increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Phoenix, you may be able to get a good deal. 88.2% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Phoenix in October 2024, up by 38.5% month-over-month. Of the 17 sold homes, 88% were sold under asking, 12% were sold at asking, and 0% were sold over asking.
Days on Market for Phoenix, GA
How long does it take to sell a home in Phoenix, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 119 Days | +135.0% |
Summary: Homes in Phoenix had an average of 119 days on market in Oct 2024, up by 135% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Phoenix are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 18 homes were sold in Phoenix; 22% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 50% 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.