$3,206 Closing Credit*
$270,000
1,748 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lameka Phillips, Listing Office: Eminent Realty Group
Is Southwest Butts, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Southwest Butts was a Seller's Market.
Key Takeaway
Southwest Butts is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southwest Butts, GA
How much do homes in Southwest Butts, GA cost?
Median Sold Price
$289,900
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,900(+3.5%)
Key Takeaway
Homes in Southwest Butts have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Southwest Butts was $289,900 in October 2024, up 3.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $304K | +26.7% |
| 3 Bedrooms | $247.5K | $255K | +3.0% |
| 4 Bedrooms | $319.9K | $271K | -15.3% |
| 5+ Bedrooms | $315K | $520K | +65.1% |
Summary: Southwest Butts 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 26.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes increased by 65.1%.
Median Sold Price Compared To Nearby Cities
| Southwest Butts | $280K | $289.9K | +3.5% |
| Towalaga | $350K | $360K | +2.9% |
Housing Supply in Southwest Butts, GA
How many homes are available in Southwest Butts, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 34 | +21.4% |
Summary: The Southwest Butts real estate market had 34 homes for sale in October 2024, a 21.4% increase 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 | 1 | +100.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Southwest Butts 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 100%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 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 Southwest Butts, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Southwest Butts in October 2024, up by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Southwest Butts, GA
How long does it take to sell a home in Southwest Butts, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 111 Days | +449.2% |
Summary: Homes in Southwest Butts had an average of 111 days on market in Oct 2024, up by 449.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Southwest Butts are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Southwest Butts; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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.