$4,750 Closing Credit*
$400,000
2,466 SqFt
4 Beds
•2 Full Baths, 1 Partial
Ashley Kimball, Listing Office: Epique Realty
Is Princeton Lakes, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Princeton Lakes was a Seller's Market.
Key Takeaway
Princeton Lakes is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Princeton Lakes, GA
How much do homes in Princeton Lakes, GA cost?
Median Sold Price
$264,450
$153/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$135,550(-33.9%)
Key Takeaway
Homes in Princeton Lakes have sold for 33.9% less than they did a month ago.
Summary: The median home sold price in Princeton Lakes was $264,450 in October 2024, down 33.9% from last month, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $330K | $239.9K | -27.3% |
| 4 Bedrooms | $400K | $289K | -27.8% |
| 5+ Bedrooms | - | $435K | N/A |
Summary: Princeton Lakes housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes did not change.
Housing Supply in Princeton Lakes, GA
How many homes are available in Princeton Lakes, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Princeton Lakes real estate market had 25 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Princeton Lakes 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 remained the same, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Princeton Lakes, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Princeton Lakes in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Princeton Lakes, GA
How long does it take to sell a home in Princeton Lakes, GA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 50 Days | +158.9% |
Summary: Homes in Princeton Lakes had an average of 50 days on market in Oct 2024, up by 158.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Princeton Lakes has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Princeton Lakes; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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.