$8,906 Closing Credit*
$750,000
2,675 SqFt
4 Beds
•4 Full Baths, 1 Partial
Brian Powell, Listing Office: EXP Realty, LLC.
Is Summerhill, 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, Summerhill has remained a Buyer's Market.
Key Takeaway
Summerhill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Summerhill, GA
How much do homes in Summerhill, GA cost?
Median Sold Price
$612,500
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,500(-0.4%)
Key Takeaway
The sold price of homes in Summerhill has remained the same since last year.
Summary: The median home sold price in Summerhill was $612,500 in November 2024, down 0.4% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $429.9K | $497K | +15.6% |
| 3 Bedrooms | $640K | $620K | -3.1% |
| 4 Bedrooms | $627.5K | $790K | +25.9% |
| 5+ Bedrooms | $995K | - | N/A |
Summary: Summerhill 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 increased by 15.6%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes did not change.
Housing Supply in Summerhill, GA
How many homes are available in Summerhill, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 37 | +12.1% |
Summary: The Summerhill real estate market had 37 homes for sale in November 2024, a 12.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Summerhill 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 11.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Summerhill, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Summerhill in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Summerhill, GA
How long does it take to sell a home in Summerhill, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 45 Days | -0.5% |
Summary: Homes in Summerhill had an average of 45 days on market in Nov 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Summerhill has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Summerhill; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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