$2,256 Closing Credit*
$190,000
1,075 SqFt
3 Beds
•1 Full Bath
Yadira Ramon Herrera, Listing Office: Mainstay Brokerage LLC
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
Since last month, South River Gardens has remained a Seller's 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
$255,000
$130/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$118,945(-31.8%)
Key Takeaway
Homes in South River Gardens have sold for 31.8% less than they did a month ago.
Summary: The median home sold price in South River Gardens was $255,000 in October 2024, down 31.8% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $180K | $115K | -36.1% |
| 4 Bedrooms | $373.9K | $255K | -31.8% |
| 5+ Bedrooms | $422.8K | $350K | -17.2% |
Summary: South River Gardens housing prices by bedroom type for October 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 decreased by 36.1%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes decreased by 17.2%.
Housing Supply in South River Gardens, GA
How many homes are available in South River Gardens, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Summary: The South River Gardens real estate market had 32 homes for sale in October 2024, a 5.9% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 13 | +62.5% |
| 4 Bedrooms | 20 | 15 | -25.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The South River Gardens 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 remained the same, 3 bedroom homes increased by 62.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South River Gardens, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in South River Gardens in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 23 Days | -50.6% |
Summary: Homes in South River Gardens had an average of 23 days on market in Oct 2024, down by 50.6% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were 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 October 2024, 6 homes were sold in South River Gardens; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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.