Is Sunset Village, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Village is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sunset Village was a Seller's Market.

Key Takeaway

Sunset Village is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sunset Village, GA

How much do homes in Sunset Village, GA cost?

Median Sold Price

$229,450

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,450(+9.3%)

Key Takeaway

Homes in Sunset Village have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Sunset Village was $229,450 in November 2024, up 9.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$239.9K
N/A
2 $150K$210K
+40.0%
3 $207.5K$229.9K
+10.8%
4 $375K-
N/A
5+ -$159.9K
N/A

Summary: Sunset Village 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 40%, 3 bedroom homes increased by 10.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sunset Village
+9.3%
Salem
-8.3%

Housing Supply in Sunset Village, GA

How many homes are available in Sunset Village, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1519+26.7%

Summary: The Sunset Village real estate market had 19 homes for sale in November 2024, a 26.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1214
+16.7%
4 23
+50.0%
5+ 11
0.0%

Summary: The Sunset Village 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunset Village, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sunset Village in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Sunset Village, GA

How long does it take to sell a home in Sunset Village, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days29 Days-25.2%

Summary: Homes in Sunset Village had an average of 29 days on market in Nov 2024, down by 25.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Sunset Village; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 Sunset Village, GA

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