Is Snellville-Grayson, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snellville-Grayson is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Snellville-Grayson was a Seller's Market.

Key Takeaway

Snellville-Grayson 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 Snellville-Grayson, GA

How much do homes in Snellville-Grayson, GA cost?

Median Sold Price

$390,552

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,562(+1.4%)

Key Takeaway

Homes in Snellville-Grayson have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Snellville-Grayson was $390,552 in November 2024, up 1.4% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K-
N/A
2 $315K$269.9K
-14.3%
3 $329.2K$340K
+3.3%
4 $393.1K$398K
+1.3%
5+ $489.9K$509.4K
+4.0%

Summary: Snellville-Grayson 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 decreased by 14.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Cities

Lawrenceville
+4.0%
Snellville-Grayson
+1.4%
Snellville
+1.4%
Grayson
-0.3%
Loganville
-0.9%

Housing Supply in Snellville-Grayson, GA

How many homes are available in Snellville-Grayson, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,0221,041+1.9%

Summary: The Snellville-Grayson real estate market had 1,041 homes for sale in November 2024, a 1.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1613
-18.8%
3 318314
-1.3%
4 378394
+4.2%
5+ 310320
+3.2%

Summary: The Snellville-Grayson 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 decreased by 18.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
217174-19.8%

Asking Price vs. Sold Price

91 Homes Were Sold
Under Asking

44 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snellville-Grayson, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Summary: A total of 174 homes were sold or pending in Snellville-Grayson in November 2024, down by 19.8% month-over-month. Of the 165 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.

Days on Market for Snellville-Grayson, GA

How long does it take to sell a home in Snellville-Grayson, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days41 Days+32.5%

Summary: Homes in Snellville-Grayson had an average of 41 days on market in Nov 2024, up by 32.5% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

71 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 174 homes were sold in Snellville-Grayson; 48% of homes were sold within 30 days, 41% 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 20 Days Ago

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