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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royston is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Royston was a Seller's Market.

Key Takeaway

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

Housing Prices in Royston, GA

How much do homes in Royston, GA cost?

Median Sold Price

$251,250

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,750(+9.5%)

Key Takeaway

Homes in Royston have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Royston was $251,250 in October 2024, up 9.5% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$267K
N/A
2 $125K$170K
+36.0%
3 $225K$268.9K
+19.5%
4 $284.9K$346K
+21.4%
5+ $369.9K$440K
+19.0%

Summary: Royston 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 increased by 36%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 19%.

Median Sold Price Compared To Nearby Cities

Royston
+11.9%
Royston
+9.5%

Housing Supply in Royston, GA

How many homes are available in Royston, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6672+9.1%

Summary: The Royston real estate market had 72 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 4347
+9.3%
4 1515
0.0%
5+ 23
+50.0%

Summary: The Royston 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 20%, 3 bedroom homes increased by 9.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royston, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Royston in October 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Royston, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days38 Days-13.0%

Summary: Homes in Royston had an average of 38 days on market in Oct 2024, down by 13% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Royston; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

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