$3,146 Closing Credit*
$264,900
1,350 SqFt
3 Beds
•2 Full Baths
Bubba Hunt, Listing Office: RE/MAX Eagle Creek Realty
Is Statesboro, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Statesboro has remained a Seller's Market.
Key Takeaway
Statesboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Statesboro, GA
How much do homes in Statesboro, GA cost?
Median Sold Price
$294,775
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,625(+3.4%)
Key Takeaway
Homes in Statesboro have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Statesboro was $294,775 in November 2024, up 3.4% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | - | N/A |
| 2 Bedrooms | $152.4K | $150K | -1.6% |
| 3 Bedrooms | $248K | $252.9K | +2.0% |
| 4 Bedrooms | $323.5K | $340.5K | +5.3% |
| 5+ Bedrooms | $399K | $403.3K | +1.1% |
Summary: Statesboro 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 1.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in Statesboro, GA
How many homes are available in Statesboro, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 181 | 168 | -7.2% |
Summary: The Statesboro real estate market had 168 homes for sale in November 2024, a 7.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 97 | 87 | -10.3% |
| 4 Bedrooms | 67 | 67 | 0.0% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Statesboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 38 | -20.8% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Statesboro, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Statesboro in November 2024, down by 20.8% month-over-month. Of the 34 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Statesboro, GA
How long does it take to sell a home in Statesboro, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 47 Days | +111.0% |
Summary: Homes in Statesboro had an average of 47 days on market in Nov 2024, up by 111% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Statesboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 38 homes were sold in Statesboro; 39% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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