$2,256 Closing Credit*
$190,000
1,630 SqFt
3 Beds
•1 Full Bath, 1 Partial
Robin Shearouse, Listing Office: Southern Classic Realtors
Is Sandersville, 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, Sandersville has remained a Seller's Market.
Key Takeaway
Sandersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sandersville, GA
How much do homes in Sandersville, GA cost?
Median Sold Price
$174,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,500(+2.6%)
Key Takeaway
Homes in Sandersville have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Sandersville was $174,500 in October 2024, up 2.6% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $132.5K | +20.5% |
| 3 Bedrooms | $175K | $168K | -4.0% |
| 4 Bedrooms | $149.5K | $232.5K | +55.5% |
| 5+ Bedrooms | $320K | $365K | +14.1% |
Summary: Sandersville 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 20.5%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 55.5%, and 5+ bedroom homes increased by 14.1%.
Housing Supply in Sandersville, GA
How many homes are available in Sandersville, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Summary: The Sandersville real estate market had 23 homes for sale in October 2024, a 17.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Sandersville 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 66.7%.
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
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sandersville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sandersville in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sandersville, GA
How long does it take to sell a home in Sandersville, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 151 Days | +199.6% |
Summary: Homes in Sandersville had an average of 151 days on market in Oct 2024, up by 199.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sandersville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in Sandersville; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
