$2,482 Closing Credit*
$209,000
1,075 SqFt
3 Beds
•2 Full Baths
Nekesha Head, Listing Office: Keller Williams Realty West Atlanta
Is South River Gardens, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South River Gardens was a Neutral Market.
Key Takeaway
South River Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South River Gardens, GA
How much do homes in South River Gardens, GA cost?
Median Sold Price
$252,000
$189/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$113,245(-31.0%)
Key Takeaway
Homes in South River Gardens have sold for 31% less than they did a month ago.
Summary: The median home sold price in South River Gardens was $252,000 in December 2024, down 31% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $229K | $265K | +15.7% |
| 4 Bedrooms | $402.6K | $216.5K | -46.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: South River Gardens housing prices by bedroom type for December 2024 compared to the previous month: 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 46.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Four Oaks | $167.5K | $211.5K | +26.3% |
| South River Gardens | $365.2K | $252K | -31.0% |
Housing Supply in South River Gardens, GA
How many homes are available in South River Gardens, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The South River Gardens real estate market had 30 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The South River Gardens 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 remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 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 South River Gardens, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in South River Gardens in December 2024, up by 60.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for South River Gardens, GA
How long does it take to sell a home in South River Gardens, GA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 56 Days | 34 Days | -39.9% |
Summary: Homes in South River Gardens had an average of 34 days on market in Dec 2024, down by 39.9% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South River Gardens are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in South River Gardens; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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