$2,374 Closing Credit*
$199,900
1,344 SqFt
3 Beds
•2 Full Baths
Andrew O'Callaghan, Listing Office: Bolst, Inc.
Is Sugar Valley-Resaca, 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, Sugar Valley-Resaca has remained a Seller's Market.
Key Takeaway
Sugar Valley-Resaca is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sugar Valley-Resaca, GA
How much do homes in Sugar Valley-Resaca, GA cost?
Median Sold Price
$269,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,000(+12.1%)
Key Takeaway
Homes in Sugar Valley-Resaca have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Sugar Valley-Resaca was $269,000 in November 2024, up 12.1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231.6K | $196K | -15.4% |
| 3 Bedrooms | $240K | $245K | +2.1% |
| 4 Bedrooms | $249.9K | $310K | +24.0% |
| 5+ Bedrooms | $402.5K | $1.0M | +154.7% |
Summary: Sugar Valley-Resaca 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 15.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 154.7%.
Median Sold Price Compared To Nearby Cities
| Sugar Valley-Resaca | $240K | $269K | +12.1% |
| Calhoun | $265K | $280K | +5.7% |
Housing Supply in Sugar Valley-Resaca, GA
How many homes are available in Sugar Valley-Resaca, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Sugar Valley-Resaca real estate market had 25 homes for sale in November 2024, a 3.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Sugar Valley-Resaca housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Valley-Resaca, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sugar Valley-Resaca in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Sugar Valley-Resaca, GA
How long does it take to sell a home in Sugar Valley-Resaca, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 76 Days | +130.1% |
Summary: Homes in Sugar Valley-Resaca had an average of 76 days on market in Nov 2024, up by 130.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sugar Valley-Resaca are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Sugar Valley-Resaca; 43% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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