$19,999
1.00 Acres
Land
April Chapman, Listing Office: Century 21 Results
Is Redbud, 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, Redbud was a Seller's Market.
Key Takeaway
Redbud is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Redbud, GA
How much do homes in Redbud, GA cost?
Median Sold Price
$265,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-8.6%)
Key Takeaway
Homes in Redbud have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Redbud was $265,000 in October 2024, down 8.6% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $299.9K | N/A |
| 2 Bedrooms | $262K | $127K | -51.5% |
| 3 Bedrooms | $275K | $260K | -5.5% |
| 4 Bedrooms | $500K | $310K | -38.0% |
| 5+ Bedrooms | $1.8M | $581.2K | -68.4% |
Summary: Redbud 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 51.5%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 38%, and 5+ bedroom homes decreased by 68.4%.
Median Sold Price Compared To Nearby Cities
| Ranger | $295K | $379.8K | +28.8% |
| Ludville | $342.5K | $343K | 0.1% |
| Redbud | $290K | $265K | -8.6% |
Housing Supply in Redbud, GA
How many homes are available in Redbud, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 65 | 0.0% |
Summary: The Redbud real estate market had 65 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 42 | 39 | -7.1% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Redbud 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 remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Redbud, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Redbud in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Redbud, GA
How long does it take to sell a home in Redbud, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 58 Days | +58.4% |
Summary: Homes in Redbud had an average of 58 days on market in Oct 2024, up by 58.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Redbud are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Redbud; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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.