Is Reynoldstown, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reynoldstown is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Reynoldstown has remained a Buyer's Market.

Key Takeaway

Reynoldstown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Reynoldstown, GA

How much do homes in Reynoldstown, GA cost?

Median Sold Price

$687,500

$392/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$78,500(+12.9%)

Key Takeaway

Homes in Reynoldstown have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Reynoldstown was $687,500 in November 2024, up 12.9% from last year, and the median price per square foot was $392.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $349.9K$334K
-4.5%
2 $462.2K$535K
+15.7%
3 $677.5K$701K
+3.5%
4 $832.5K$1.0M
+20.7%
5+ $755K$1.1M
+57.6%

Summary: Reynoldstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 57.6%.

Housing Supply in Reynoldstown, GA

How many homes are available in Reynoldstown, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
57570.0%

Summary: The Reynoldstown real estate market had 57 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 99
0.0%
3 2219
-13.6%
4 1920
+5.3%
5+ 35
+66.7%

Summary: The Reynoldstown 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 decreased by 13.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reynoldstown, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Reynoldstown in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Reynoldstown, GA

How long does it take to sell a home in Reynoldstown, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days15 Days+16.7%

Summary: Homes in Reynoldstown had an average of 15 days on market in Nov 2024, up by 16.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Reynoldstown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Reynoldstown; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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