Is Stephens County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stephens County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Stephens County was a Seller's Market.

Key Takeaway

Stephens County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stephens County, GA

How much do homes in Stephens County, GA cost?

Median Sold Price

$252,666

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,666(+12.3%)

Key Takeaway

Homes in Stephens County have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Stephens County was $252,666 in November 2024, up 12.3% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $85K$132.5K
+55.9%
2 $149.4K$160K
+7.1%
3 $231K$245K
+6.1%
4 $335K$333.5K
-0.4%
5+ $413K$484.5K
+17.3%

Summary: Stephens County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.9%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 17.3%.

Median Sold Price Compared To Nearby Counties

Stephens County
+12.3%
Oconee County
+10.8%
Franklin County
+7.3%
Habersham County
+6.4%

Housing Supply in Stephens County, GA

How many homes are available in Stephens County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
182201+10.4%

Summary: The Stephens County real estate market had 201 homes for sale in November 2024, a 10.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 46
+50.0%
2 2229
+31.8%
3 99111
+12.1%
4 3536
+2.9%
5+ 2219
-13.6%

Summary: The Stephens County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 13.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2228+27.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stephens County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Stephens County in November 2024, up by 27.3% month-over-month. Of the 26 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.

Days on Market for Stephens County, GA

How long does it take to sell a home in Stephens County, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days35 Days-20.2%

Summary: Homes in Stephens County had an average of 35 days on market in Nov 2024, down by 20.2% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stephens County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in Stephens County; 61% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 7% 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 21 Days Ago

Newest Listings in Stephens County, GA

Nearby Markets to Stephens County, GA

What housing markets are near Stephens County, GA?