$6,530 Closing Credit*
$549,900
1,740 SqFt
3 Beds
•2 Full Baths, 1 Partial
Hannah Melton, Listing Office: Duckworth Properties
Is Saint Simons Island, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Saint Simons Island has remained a Seller's Market.
Key Takeaway
Saint Simons Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Simons Island, GA
How much do homes in Saint Simons Island, GA cost?
Median Sold Price
$730,750
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,750(+12.4%)
Key Takeaway
Homes in Saint Simons Island have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Saint Simons Island was $730,750 in October 2024, up 12.4% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $311.5K | $318.4K | +2.2% |
| 2 Bedrooms | $385K | $375K | -2.6% |
| 3 Bedrooms | $635K | $601K | -5.4% |
| 4 Bedrooms | $732.5K | $1.4M | +102.7% |
| 5+ Bedrooms | $1.0M | $1.0M | 0.0% |
Summary: Saint Simons Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 102.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saint Simons | $650K | $750K | +15.4% |
| Saint Simons Island | $650K | $730.7K | +12.4% |
| Darien | $266.6K | $270K | +1.3% |
| Brunswick | $320K | $315K | -1.6% |
Housing Supply in Saint Simons Island, GA
How many homes are available in Saint Simons Island, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 88 | +10.0% |
Summary: The Saint Simons Island real estate market had 88 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Saint Simons Island 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 46.2%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Simons Island, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Saint Simons Island in October 2024, up by 41.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.
Days on Market for Saint Simons Island, GA
How long does it take to sell a home in Saint Simons Island, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 58 Days | +20.3% |
Summary: Homes in Saint Simons Island had an average of 58 days on market in Oct 2024, up by 20.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Simons Island are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Saint Simons Island; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.