$7,042 Closing Credit*
$593,000
4 Beds
•3 Full Baths
Nate Conkling, Listing Office: POSS REALTY GROUP - Clayton
Is Sky Valley, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Sky Valley was a Seller's Market.
Key Takeaway
Sky Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sky Valley, GA
How much do homes in Sky Valley, GA cost?
Median Sold Price
$415,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$145,000(-25.9%)
Key Takeaway
Homes in Sky Valley have sold for 25.9% less than they did a year ago.
Summary: The median home sold price in Sky Valley was $415,000 in December 2024, down 25.9% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $345.5K | $350K | +1.3% |
| 3 Bedrooms | $435K | $400K | -8.0% |
| 4 Bedrooms | $720K | $460K | -36.1% |
| 5+ Bedrooms | $949.9K | $962.5K | +1.3% |
Summary: Sky Valley housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 36.1%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Rabun Gap | $372K | $392.5K | +5.5% |
| Sky Valley | $560K | $415K | -25.9% |
Housing Supply in Sky Valley, GA
How many homes are available in Sky Valley, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Sky Valley real estate market had 21 homes for sale in December 2024, a 8.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sky Valley housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sky Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sky Valley in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Sky Valley, GA
How long does it take to sell a home in Sky Valley, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 4 Days | 10 Days | +150.0% |
Summary: Homes in Sky Valley had an average of 10 days on market in Dec 2024, up by 150% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sky Valley are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Sky Valley; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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