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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rydal is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rydal was a Buyer's Market.

Key Takeaway

Rydal 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 Rydal, GA

How much do homes in Rydal, GA cost?

Median Sold Price

$353,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,154(-4.1%)

Key Takeaway

Homes in Rydal have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Rydal was $353,000 in November 2024, down 4.1% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$1.3M
N/A
3 $270K$312.5K
+15.7%
4 $402.5K$353K
-12.3%
5+ $489.9K$477.5K
-2.6%

Summary: Rydal housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Rydal
-4.1%
White
-4.3%
White-Pine Log
-7.4%

Housing Supply in Rydal, GA

How many homes are available in Rydal, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1521+40.0%

Summary: The Rydal real estate market had 21 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 812
+50.0%
4 34
+33.3%
5+ 34
+33.3%

Summary: The Rydal 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 increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rydal, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Rydal in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Rydal, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days42 Days-10.6%

Summary: Homes in Rydal had an average of 42 days on market in Nov 2024, down by 10.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rydal has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Rydal; 33% of homes were sold within 30 days, 67% 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 21 Days Ago

Newest Listings in Rydal, GA

Nearby Markets to Rydal, GA

What housing markets are near Rydal, GA?